In an unusual aspect of the investors' claim and subsequent award against First Allied Securities, the $2.66 million in damages requested matched the amount the three arbitrators awarded.
As inflationary pressures mount, retirement savers are looking for solutions that offer growth opportunities while limiting downside risk.
With most broad market indexes nestled into correction territory, financial advisers are steering clients toward Roth conversions in a tax management move.
The firm's applications related to the DoubleLine Opportunistic Bond ETF and the DoubleLine Shiller CAPE U.S. Equities ETF have been granted 'effective immediately.'
Every ETF focused on Russian stocks will soon be suspended, a kind of shutdown that never resulted from previous events like the Arab Spring or even Covid.
The agency 'has serious concerns about the prudence' of exposing plan participants' retirement savings to investments that carry 'significant risks of fraud, theft, and loss.'
The regulator is assessing the risks that may arise when retail investors purchase complicated investments without the help of a financial adviser.
The deal, which will close later this month, pushes the assets on iCapital's platform to more than $118 billion.
Both new and existing retirees face the challenge of generating steady income in the low-interest-rate environment, which calls into question the traditional 60/40 investment strategy.
Fidelity tops all fund companies with 35 individual fund trophies; Carillon Tower Advisers wins the small-company fixed-income award for the second straight year.
Advisers will have to wait a while longer before they get answers on issues such as custody, as regulators sort out crypto oversight.
The company said it's buying Beaverton, Oregon-based Niedermeyer Risk Management and Kirkland, Washington-based Pacific Northwest Insurance.
The White House executive order is the first attempt at coordinating the government's strategy, although it falls short of providing a clear direction on regulation.
Retail investors can now benefit from the inside scoop right along with the 18-term U.S. representative.
The San Diego-based firm reassured clients and investors about the viability of the company moving forward in a blog post Monday, and sent a heartfelt message to the 18 employees that were let go.
Best execution has become a regulatory priority for Finra and the SEC in the wake of the January 2021 GameStop trading frenzy.
The new products include features that are designed to protect against volatility and increase income.
The asset manager will use customized technology from iCapital to facilitate its clients' use of its offerings of alternative investments.
Strong inflows into its exchange-traded funds so far this year, coming on top of its record-shattering $328 million haul last year, put Vanguard on course to surprass BlackRock as the largest ETF manager within the next two years.
The new director of the SEC Division of Investment Management, William Birdthistle, makes his public debut at the Investment Adviser Association conference.
