Legislators have less than a week to approve the agreement before the default deadline next Monday, June 5.
New clients are essential to the growth of advisory firms. Here are the independent broker-dealers that added the most clients last year.
Given the many lawsuits filed against retirement plan sponsors in recent years for breaching their fiduciary duties, here are the steps plan committees should be taking to mitigate risk.
The firm miscalculated annual yield and income for nine funds on approximately 8.5 million statements. It also failed to act promptly when customers noticed something was wrong.
As interest in artificial intelligence grows, it's worth looking under the hood of sector ETFs.
The upgrade reflects Advisor Group's declining leverage levels and higher net yields on cash sweep deposits, according to the rating agency.
Here's a list of the costs that have become qualified expenses for 529 plans in the past decade.
In a Q&A, the Advisor Group CEO discusses what's involved in squeezing the giant operation under one broker-dealer roof and brand.
Richard Lumb says that while InvestCloud is growing, a different set of skills are needed to take it to the next level.
Social Security and account numbers were compromised in a phishing attack, but accounts were not accessed, according to the firm.
The SEC chair drew the ire of fund officials when he suggested that the agency looks out for investors while the industry looks out for itself.
Since launching as a spinoff of Thrivent Financial in 2019, the platform has grown to $5 billion in client assets.
The breach involved 'a systems intrusion' at R.R. Donnelley, a third-party vendor that Advisor Group uses for some of its client mailings.
Shawn Edward Good pleaded guilty to stealing $7.2 million from retirees and used the money to pay off earlier investors and to fund a lavish lifestyle.
As talks on the debt ceiling continue, the Wells Fargo Investment Institute looks at how the situation could affect Treasury securities, other fixed-income instruments and the stock market.
Those due to receive their Social Security benefits next week are retirees aged 88 and older, along with low-income individuals with disabilities.
'ESG funds are not the next great innovation,’ Tim Buckley said at an Investment Company Institute conference. 'They’re a client preference, and we need to treat it as such.'
The new product, called Good Advice, requires a $15,000 minimum investment and will charge a maximum fee of 50 basis points.
The odds of passing the X-date without an increase in the debt is around 25% and rising, according to JPMorgan.
You’ll have a tough time acquiring new clients, or eventually selling your firm and retiring, if your service model is stuck back in the '90s.
