A new report shows that even a brief period of inflationary pressures will have long-term impact on expenses.
Vanguard was forced to sell as much as 15% of the assets in retail target-date funds, resulting in substantial capital gains taxes for investors who held the funds in taxable accounts, the lawsuit asserts.
The company is investing in its technology infrastructure — including digital initiatives and virtual tools — to improve the relationships between clients and their financial advisers.
A new report from Celent shines light on the trend of traditional retailers like Walmart migrating into the wealth management space.
Lee will stay at the watchdog until President Joe Biden names her successor and that person is confirmed by the Senate.
The regulator said that firms should stress-test trading positions in light of 'current events and potential market movements.'
Lance Murphy, who's based in Houston, has 26 years of experience, much of it with asset management companies.
Charlie Scharf earned $24.5 million last year, up from $20.3 million for 2020.
The RIA channel saw a net gain of 1,530 financial advisers in 2021, while the wirehouses had a net loss of 2,065.
When the equity markets decline, as they have this year, they take the value of your firm down with them.
The vast majority of advisers reported having problems finding enough time to focus on business development and client relationships, according to a new study.
Kristi Turchan and Debbie Verker operate as Ascend Wealth Management in Grand Rapids, Michigan.
In an unusual aspect of the investors' claim and subsequent award against First Allied Securities, the $2.66 million in damages requested matched the amount the three arbitrators awarded.
Attending sessions on such topics as budgeting and investing can encourage workers to increase the amount they save in their 401(k)s, an EBRI study shows.
Firms say technological advances allow them to oversee reps no matter where they work. A compliance expert cautions that the best evidence of malfeasance is found on site.
As inflationary pressures mount, retirement savers are looking for solutions that offer growth opportunities while limiting downside risk.
Fintechs are buying books of business and hoping in-house tech stacks are enough to entice financial advisers to come on board.
The hiring push comes after Merrill and Bank of America reported a 6.3% decline in financial adviser head count last year.
With most broad market indexes nestled into correction territory, financial advisers are steering clients toward Roth conversions in a tax management move.
The firm's applications related to the DoubleLine Opportunistic Bond ETF and the DoubleLine Shiller CAPE U.S. Equities ETF have been granted 'effective immediately.'
