CFP Board revokes 7 designations in latest round of sanctions
The CFP Board announced public sanctions on 33 individuals Tuesday, including seven who have lost the right to use the CFP designation.
Social Security head addresses complaints about long waits at offices
Acting Commissioner Kilolo Kijakazi outlined what the agency is doing to provide a safe environment for those waiting at the agency's offices.
BlackRock and its ESG woes
The firm, which ramped up its presence in the ESG world over the past few years, can’t seem to please everyone, despite its efforts.
Ameriprise terminates adviser in Texas
Dusty Sternadel of Wichita Falls was fired for misappropriating funds, according to her BrokerCheck record.
Oppenheimer loses Finra arbitration of $36.7 million stemming from alleged Ponzi
The investors cited a violation of Georgia's RICO law to boost their award against Oppenheimer.
SEC slaps Perceptive Advisors with $1.5 million penalty over SPACs
The regulator says the New York-based firm failed to disclose conflicts of interest.
Parents unnerved by economic turmoil but still saving for kids’ college
A Fidelity survey shows 81% of parents say that college remains worth the price of admission even in the face of spiraling costs.
Eric Heaton joins Rockefeller to head strategy
The former Morgan Stanley executive will expand the firm's product offerings.
Accusations intensify in Wendy Williams’ fight with Wells Fargo
An attorney who formerly represented the TV talk show host claimed that Williams was 'left to die' by her adviser at Wells Fargo and her former business manager.
End of Wealthfront deal dents UBS growth plans in US
The acquisition of the robo-adviser was the centerpiece of UBS CEO Ralph Hamers' focus on broadening the wirehouse's wealth management offering.
Seasonal sadness linked with ESG preferences
Lower moods are linked with risk aversion, and that might drive people to sustainable funds.
10 best HSAs for investing in 2022
Morningstar’s ranking of health savings accounts factors in menu design, the quality of the investments offered, the cost to investors and the investment threshold.
UBS and Wealthfront terminate acquisition plans
Instead, UBS is purchasing a $69.7 million note that is convertible into Wealthfront shares, an investment that values the robo-adviser at $1.4 billion.
Single women trailing married counterparts when it comes to retirement, EBRI says
The latest report from the Employee Benefit Research Institute offers a significant wake-up call when it comes to single female employees and their retirement prospects.
Finra arbitrators award $468,126 to customers who invested in UBS YES product
But a different case centering on the complex option strategy was dismissed last month by a separate panel of arbitrators.
Team managing $140 million joins Cetera from Commonwealth
Bruce and Dawn Cramer of Cramer Capital Management in Kansas City, Missouri, make return trip to the firm after eight years.
Overconfident, underinformed Americans prefer amateur advice
'Moments of truth' can overcome the reluctance of many consumers to approach a financial adviser.
Global bonds step into bear market as central banks seek to quash inflation
Rapid interest-rate hikes deployed by policy makers in response to soaring inflation have brought to an end a four-decade bull market in bonds.
Former Merrill broker settles civil lawsuit over throwing smoothie
On Wednesday, James Iannazzo agreed to pay $7,500, an amount his attorney called a 'token payment.'
Legislation would end taxes on Social Security payments
A bill introduced by Rep. Angie Craig, D-Minn., faces long odds this year, while the prospects for broader reform of the program depend on the outcome of November's election.
