Firm started as a regional brokerage in 1898; deal aids succession planning.
The university was one of about a dozen prominent schools sued by Jerry Schlichter in 2016.
Rule should provide clarity on role of adviser, enhanced investor protection and regulatory coordination.
SEC Chairman Jay Clayton put a fiduciary-rule proposal at the top of the agency's rulemaking agenda on Friday, saying that the market needs "clarity" on the relationships between financial advisers and clients.
As more people participate in activities like paddleboarding and rock-climbing, bigger rigs come in handy to haul all that gear
The groups will expand beyond compliance to provide advisers with turnkey solutions, training programs and even succession planning.
The company confirmed it's talking to investment bankers to 'explore how to best optimize [its] capital structure at lower costs.'
Agency hopes to overcome past divisions on investment advice standard.
Agency failed to tell survivors that they could switch to a higher retirement benefit later
UBS brokers must sign a 12-month non-solicit agreement if they want their 2017 bonuses.
Legislation by Rep. Richard Neal would require most small businesses to establish a retirement plan and automatically enroll employees.
Broker Lawrence Barber made unauthorized changes to client's account, state charged
Those in a private LinkedIn chat room were sounding off about fears the independent broker-dealer will require a move to ClientWorks before it is fully ready.
Says Yorba Linda, Calif.-based RIA allocated profitable trades to owner, losers to clients.
Innovative strategies are needed as investors face the end of the long bull cycle in fixed income.
Following fiduciary best practices strengthens client relationships and makes them more enduring.
Legislation requires brokers to act in the best interests of clients.
The aggregator has a new focus on the 401(k) market.
Uncertainty over the Labor Department rule, in addition to a potential SEC fiduciary regulation and others from the states, was a primary contributor to the industry's slide.
Although not charged, Shawnet Thibeault had received funds from fraud: SEC.
