Adam Belardino, CEO of the Maddox Group, was charged with embezzling more than $313,000 from one client and fraudulently obtaining commissions on life insurance for another client.
Clark acknowledges the technical challenges that the migration of advisers and clients poses but argues that Schwab and TD have very similar cultures.
The brokerage has opened up a wait list for its new service Fidelity Crypto which will offer custody and trading of Bitcoin and Ethereum.
South Carolina-based Financial Resources Group Investment Services houses bank brokers overseeing $40 billion in assets.
The deal for JFL Total Wealth Management, which has $300 million in AUM, brings One Digital's total assets to approximately $108.1 billion.
Once the deal for Benefitfocus closes, Voya will serve roughly 38 million individuals.
The 2022 Charles Schwab Impact conference brought 5,000 attendees, including 2,500 financial advisers, to Denver this week.
State regulators and PIABA have questioned whether a residential supervisory location would provide appropriate investor protection.
Increasing your investment in marketing can boost organic growth, especially during a downturn. Here’s how to do it while keeping return on investment in mind.
The Securities and Exchange Commission chairman told securities lawyers that the agency would pursue violations wherever and however they occur.
Five are censured, three suspended, three revoked and two barred by the Certified Financial Planner Board of Standards Inc.
The regulator wants to provide relief from in-person supervision until the SEC rules on a pilot program for online oversight.
In a break with tradition, the firm is introducing next year's pay plan for its 12,000 advisers earlier this year.
The triple tax benefits of health savings accounts can boost a nest egg while offering a way to cover medical expenses tax-free.
The firm is in talks with the Consumer Financial Protection Bureau regarding cases involving automobile lending, consumer-deposit accounts and mortgage lending.
The SEC charged Syed Arham Arbab and five friends with trading with fake account deposits, in a 'free-riding' scheme that caused two brokerages to lose $146,600.
While the firm filed a motion to vacate the award in Superior Court in DeKalb County, Georgia, it's extremely rare for courts to overturn Finra arbitration decisions.
Some funds held in many retirement savings plan have large holdings of stocks like Meta, Amazon.com and Apple, which is hurting the funds' performance this year.
That's why Chairman Gary Gensler will be able to proceed with his agenda, experts says. But he'll get plenty of GOP pushback for being too aggressive.
Here are the rest of this week's financial technology headlines, besides the ones about Elon Musk buying Twitter.
