Young investors raised the total number of individual retirement accounts to a record 12.3 million, the firm said, while a record 38% of people boosted their 401(k) contribution last year.
A Mississippi investor had accused the firm of negligence and breach of fiduciary duty related to his investments in UBS' managed accounts.
Companies ranging from established robo-advisers like Betterment to upstarts like the crypto-focused robo Domain Money have launched new products in recent weeks to help clients navigate the complex and often confusing world of digital assets.
This month’s #AdviserTech roundup includes Wealthfront’s $1.4 billion acquisition by UBS, Gemini’s purchase of Bitria, and a couple of deals related to RIA compliance technology.
Purshe Kaplan Sterling allowed its agents to conduct thousands of transactions involving the complex products as investment adviser reps for another firm.
The three advisers, who operate as Outcome Private Wealth in Salt Lake City, are affiliating with LPL through OSJ Stratos Wealth Partners.
Coinbase Global, Gemini Trust and Robinhood Markets are among the companies working to comply with the Treasury Department's 'travel rule.'
The length of the marriage, whether the individual claiming benefits has remarried, and the age at which they're claiming all affect benefit amounts.
Morningstar Retirement Manager will use Hueler's platform to help individuals include guaranteed income products in their retirement plans.
Now that the broker standard of conduct has been in force for 20 months, the debate over its effectiveness is intensifying.
The New York-based robo-adviser, which landed its largest capital funding round to date in September, for a valuation of $1.3 billion, could now have a significant bull's-eye on its back for potential buyers.
Blockchain unit Onyx set up the lounge as it released a paper on how businesses can explore opportunities in the metaverse.
The SEC and the Justice Department are looking at how bankers, including those at Morgan Stanley and Goldman Sachs, work with hedge funds to carry out stock sales big enough to send prices tumbling.
DFA and Midland National are working with RetireOne on its contingent deferred annuity, which launched last October.
Sarasota-based Generations Wealth Planning is led by a father-and-son team, Rob and Kevin Lyons.
It's the agency's second round of Form CRS compliance cases. The SEC is encouraging firms to self-report delinquencies.
Isaac Grossman hopped from firm to firm over his 13 years in the securities industry, and eventually was permanently barred from acting as a broker by Finra.
Small plans still bear higher fees than large plans, according to a book that compiles data on retirement plans.
ISS ESG Labels & Standards Solutions aims to help asset managers keep track of standards.
The more unique or specialized an adviser's practice is, the less marketable it is to potential buyers.
