Setting goals as a percentage of income is smarter, as a big-figure target may not be reliable and can discourage people, advisors said.
The firm is paying up to recruits if they move client assets to its in-house money management system.
The client and his wife sued over investments that they allege should not have been allowed and that ended up wiping out much of a fortune once pegged at more than $50 million.
The penalty represents about one or two years of net income for the firm.
Stephen Gilmore currently oversees New Zealand's sovereign wealth fund.
The investment platform provider adds more SMA and UMA options, reduces costs, and boosts tax optimization tech for advisors.
The two nonprofits are urging the Court of Appeals to uphold a lower court decision supporting a 'middle-of-the-road' approach for fiduciaries.
The regulator for years has granted exemptions for financial institutions whose affiliates have been convicted of financial crimes overseas.
The deal, the RIA's third this year, broadens its presence in the south-central US.
The partnership will unlock educational resources, analytics, and tools to help advisors manage annuity sales on Pershing’s platform.
The firm adds a $700 million breakaway practice in North Carolina.
The IBD is expanding its presence in Florida with a planning and wealth management practice focused on LGBTQ+ clients.
Partnership expands access to financial planning tech and in-depth practice management training for over 1,800 independent planners.
The deal for the data aggregation and reporting leader will create an end-to-end solution for HNW advisors and wealth firms.
New program to start this week in a sign of confidence.
The team, including a father-son duo, is joining the broker-dealer’s employee advisor arm from RBC.
The Washington Saves program, which will take effect in 2027, extends a lifeline for millions of workers facing retirement readiness crisis.
The RIA adds a multigenerational advisor practice to its network in its first foray into northern Nevada.
Buoyant markets and rising rates have turned defined-benefit plans from costly legacies into unexpected nest eggs.
The team will be the exclusive distributor of the products across 49 states.
