Advisor News

Displaying 26805 results
Regtech RIA in a Box acquired by ComplySci
FINTECH DEC 09, 2021
Regtech RIA in a Box acquired by ComplySci

The acquisition marks the third deal for ComplySci in the fourth quarter, in the wake of a strategic investment from K1 Investment Management, a private-equity firm focused on enterprise software companies.

By Sean Allocca
Gensler targets SPAC disclosures
REGULATION AND LEGISLATION DEC 09, 2021
Gensler targets SPAC disclosures

The SEC chairman's comments were the strongest signal to date that he'll push for much tougher rules for special purpose acquisition companies.

By InvestmentNews
Raymond James adds Texas advisers managing $567 million
INDEPENDENT BROKER DEALERS DEC 09, 2021
Raymond James adds Texas advisers managing $567 million

A duo from LPL and two Wells Fargo reps are affiliating with the firm’s independent unit.

By InvestmentNews
Wells Fargo team managing $250 million goes indie with LPL
INDEPENDENT BROKER DEALERS DEC 09, 2021
Wells Fargo team managing $250 million goes indie with LPL

Humanity Wealth Advisors sets up shop in California’s Bay Area.

By InvestmentNews
2021: The year of the PEP
RETIREMENT PLANNING DEC 09, 2021
2021: The year of the PEP

It’s effectively a new market for the retirement plan industry, but it’s an incredibly big frontier.

By Emile Hallez
Goldman says young workers are plotting early retirements
RETIREMENT PLANNING DEC 08, 2021
Goldman says young workers are plotting early retirements

A full 25% of Gen Z respondents in a new survey say they plan to retire before the age of 55.

By Bloomberg
Investors need to go beyond net-zero pledges
OPINION DEC 08, 2021
Investors need to go beyond net-zero pledges

Climate-focused investors shouldn't take corporate pledges at face value. Distant timelines, reliance on unproven carbon renewal technologies and an emphasis on the 'net' side of the equation are ways for companies to get a PR boost while avoiding the hard work of real emissions reduction.

By Dan Lefkovitz
Wells Fargo fined $2.25 million for record-keeping violations
WIREHOUSES DEC 08, 2021
Wells Fargo fined $2.25 million for record-keeping violations

Finra found that for 17 years, the firm failed to store 13 million customer records in the required format.

By InvestmentNews
How different are retirement portfolios built by investors, advisers?
RETIREMENT PLANNING DEC 08, 2021
How different are retirement portfolios built by investors, advisers?

Except for a big investment in real estate, there wasn't that much divergence, a recent survey found.

By Emile Hallez
RPAs need a new name to reach the next level
RETIREMENT PLANNING DEC 08, 2021
RPAs need a new name to reach the next level

While 'retirement plan adviser' has been a good description of those who serve ERISA retirement plans, it's actually quite limiting to focus on the plan, rather than the participant.

By Fred Barstein
Some Social Security checks to decline in 2022 due to IRMAA
RETIREMENT PLANNING DEC 08, 2021
Some Social Security checks to decline in 2022 due to IRMAA

Medicare high-income surcharges combined with higher Medicare premiums will take a bigger chunk of retirement benefits in the new year.

By Mary Beth Franklin
Fintech startup looks to lasso new retail clients
FINTECH DEC 08, 2021
Fintech startup looks to lasso new retail clients

Lasso, a social-networking app, is hoping to land the millions of new retail investors using online investing apps with financial advisers.

By Sean Allocca
Wells Fargo's credit-card revamp 'not rocket science,' Scharf says
WIREHOUSES DEC 08, 2021
Wells Fargo's credit-card revamp 'not rocket science,' Scharf says

The bank has launched a number of new credit cards this year, including a low-interest-rate card, and plans a rewards-card line next year.

By Bloomberg
Captrust buys $2.2 billion Rinet in 8th deal this year
RIA NEWS DEC 08, 2021
Captrust buys $2.2 billion Rinet in 8th deal this year

Rinet executive says $2.2 billion in AUM is no longer enough to be competitive in the fast-consolidating RIA market.

By Jeff Benjamin
The battle for direct indexing heats up
FINTECH DEC 08, 2021
The battle for direct indexing heats up

The technology allows advisers to trade weighted baskets of stocks, allowing clients to directly own a portfolio of equities designed to mimic the holdings of an ETF.

By Sean Allocca
SEC can handle digital 'nudges' with Regulation Best Interest: SIFMA
FINTECH DEC 07, 2021
SEC can handle digital 'nudges' with Regulation Best Interest: SIFMA

The trade association said the regulator has all the tools and authority it needs through Reg BI. It's also pushing agencies to allow remote supervision permanently.

By Mark Schoeff Jr.
How hackers will use killer data
OPINION DEC 07, 2021
How hackers will use killer data

Attacks against data integrity will be the next frontier in cyber warfare, and we need to be ready.

By Lou Steinberg
Bitcoin model portfolios launched by 3iQ, Gemini
ALTERNATIVES DEC 07, 2021
Bitcoin model portfolios launched by 3iQ, Gemini

A subsidiary of Canada’s largest digital asset manager, 3iQ Digital Assets, has launched a new separately managed account and model portfolio for U.S. wealth managers. Fees range from 1% for single-token accounts to 2.5% for multi-token index strategies.

By Sean Allocca
Amazon, AWS web outages affect Robinhood, Coinbase
FINTECH DEC 07, 2021
Amazon, AWS web outages affect Robinhood, Coinbase

Amazon Web Services says it has identified the cause of 'increased error rates' and is working to fix it.

By Bloomberg
Woodbridge executives settle with SEC for $3.75 million
REGULATION AND LEGISLATION DEC 07, 2021
Woodbridge executives settle with SEC for $3.75 million

The two executives, Dane Roseman and Ivan Acevedo, were both sales managers for Woodbridge at different times between 2013 and 2017.

By Bruce Kelly