The business group formerly known as the Global Family Office is being folded into a larger unit in an effort to link the bank's work serving billionaires more closely to its investment banking business.
California prevailed in a legal battle over its auto-IRA program.
The fintech is reportedly being shopped around to private equity firms in what could potentially become one of the largest wealthtech deals to date.
Experts say an SEC proposal would significantly raise regulatory costs but the robust PE sector should maintain its transactional pace.
The world’s largest firms are betting that new tools from wealthtech providers, ranging from AI to robotic process automation and blockchain systems, can help slash costs while increasing assets.
EBRI research suggests automatic loan insurance program would reduce savings deficit.
In the course of working with clients on financial planning, some are comfortable enough to talk about parts of their personal lives.
Begin by getting alignment from senior leaders, conducting a materiality assessment, picking the right reporting framework and engaging with investors.
The lawyer representing Darryl Cohen says Cohen's clients didn't lose money. The lawyer for the athletes says the cases center on the diversion of funds, not overall profitability.
Small to midsize wealth management firms are more likely to purchase third-party tools than their wirehouse counterparts.
In December, the SEC and CFTC imposed $200 million in fines on JPMorgan Chase over messaging apps.
If you're thinking of selling, you should be considering factors like the rate at which your firm is growing, your relationship with your employees, the age of your clients and the state of your tech stack.
Participants allege the plan allowed Alight Solutions to charge too much for record keeping.
Abound Credit Union was formerly affiliated with CUNA Brokerage Services.
AFS Advisors is a Suwanee, Georgia-based registered investment adviser.
The measure clarifies how the prohibition on 'stretch' IRAs should be applied and provides details on implementing the rise in the RMD age to 72.
While the Covid-19 pandemic brought financial challenges for many Americans, African Americans and people of color faced more financial emergencies with fewer economic resources.
Bill would raise deduction cap for most and exclude millionaires. However, the plan is unlikely to be taken up in Congress anytime soon.
A solo adviser, along with seven staff members, runs the First Community Credit Union program in Houston, which had been affiliated with CUNA Brokerage Services.
Why aren't advisers talking to clients about the solutions that are out there? Many investors are still choosing only traditional investment vehicles and missing the complementary role annuities can play in retirement portfolios.
