GPB's founder was an accountant who couldn't do the firm's accounting.
Likelihood of a soft landing for the US economy sparked a market frenzy.
Wall Street firm says the unit is no longer viable.
Euro zone stats are defying hopes of recovery.
Beijing may be forced to increase stimulus for the world's second largest economy.
The firm also launched an insurance division and made its first acquisition.
Overall, Americans are feeling more experienced at investing, a survey from Hearts & Wallets shows.
Finra CEO Robert W. Cook defended the broker-dealer self-regulator, citing efforts to rein in firms with long disciplinary histories and protect senior investors.
The 1,450 financial advisors involved in the transaction oversee approximately $108 billion in assets.
Congress is trying to address the incompatibility of the accounts as state auto-IRA programs proliferate.
InvestmentNews celebrates 100 top finance professionals who have made a significant impact on our industry.
Its shares have plunged by more than half since mid-July, driven by the falling value of its investment holdings and weak M&A markets that led to a $75.8M quarterly loss.
The deal for New England Pension Plan Systems is the third acquisition for Edelman Financial Engines this year.
$100M California-based team switches to Avantax from Crown Capital Securities.
The investment will support the fast-growing firm's expansion plans.
Economists believe core inflation will return to target by end of 2024.
Agency says key countries are showing signs of economic slowdown.
Atlanta-based Peachtree Wealth Advisors and Arizona-based RBG Capital have combined assets totaling more than $600 million.
'It’s crystal clear for the prospective client that the insurance producer is selling,' says an insurance industry representative.
Merrill has consistently been the brokerage firm paying the lowest rates on swept cash, according to a suit filed by Merrill Edge client.
