One of the big themes in 2022 was how well the broad retail wealth management industry has insulated itself from the downside of the bust part of the cycle.
One thing every investor, and especially retirees, could plainly see was that they were making money for practically nothing each month or quarter for the first time in ages.
While most adviser-facing fintechs were spared the pain felt across the wider technology landscape, not everyone escaped the year unscathed.
The first service offered in the marketplace will connect plan participants to student debt solutions.
Plus Stifel turns to KX to enhance analytics and decision making, and digital insurance brokerage Modern Life unveils a new platform for advisers.
The pilot, Jeffrey Weiss, had been a financial adviser with Raymond James & Associates in Houston.
After the Blackstone Real Estate Income Trust and the Starwood Real Estate Income Trust limited redemptions, the SEC reached out to both firms to try to understand the events.
It sounds odd, since delayed retirement credits stop accumulating at age 70, but intentional late filing for benefits can shift income into the next tax year.
Almost one in three Americans say their finances are in worse shape now than at this time a year ago, up from the 19% who felt that way in 2021.
An LPL presentation on the return on various types of assets shows the age of advisory assets and fees has arrived in the broad financial advice industry.
Offerings of the obscure, yet historically significant, financial product have been popping up in the global retirement marketplace of late.
CFP Chair Kamila Elliott said the current political environment would make it too difficult to obtain legal recognition of financial planning.
The defendants allegedly disseminated false and misleading information to their collective 1.5 million Twitter followers to hype interest in certain securities while secretly planning to sell shares at artificially elevated prices, the DOJ charged.
The firm used two locations to store phone records, which caused a confused response to Finra document requests in investigations, according to the regulator.
The agency laid out four proposals that Chair Gary Gensler says would boost transparency and competition.
Anti-greenwashing proposals are already having an effect, results of a US SIF survey suggest.
Falling markets are cutting firms' revenue tied to AUM at the same time rising interest rates are making it more expensive for buyers to finance deals.
This month’s highlights include Savvy Wealth’s $11 million funding round to enter the realm of tech-enabled RIAs, along with DPL Partners’ new adviser-matching solution and InvestCloud’s Advisor Connect solution.
A PSCA study shows plan participant and employer contribution rates in 2021 combined to produce an average savings rate of 13.9% of pay, an all-time high.
The money pouring into digital assets has attracted the attention of criminals.
