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Can AI detect misconduct by rogue traders?
INDUSTRY NEWS SEP 13, 2023
Can AI detect misconduct by rogue traders?

Deutsche Bank is testing tools that could detect wrongdoing.

By Bloomberg
Why are Americans snapping up Scotland's high-end homes?
INDUSTRY NEWS SEP 13, 2023
Why are Americans snapping up Scotland's high-end homes?

Real estate firm reports surge in buyers from the US.

By Bloomberg
SEC Chair Gensler fires back at GOP critics
FINTECH SEP 12, 2023
SEC Chair Gensler fires back at GOP critics

Leader accused of proposing regulations that are ‘sowing discord and confusion.'

By Mark Schoeff Jr.
SEC hits YieldStreet with $1.9M penalty linked to shipping investment
ALTERNATIVES SEP 12, 2023
SEC hits YieldStreet with $1.9M penalty linked to shipping investment

YieldStreet failed to disclose heightened risk, according to the SEC.

By Bruce Kelly
California gets ahead of SEC in forcing firms’ carbon disclosure
ESG SEP 12, 2023
California gets ahead of SEC in forcing firms’ carbon disclosure

Golden State’s proposal will force corporations to make carbon emissions public.

By Bloomberg
Jamie Hopkins to leave Carson Group
ADVISOR MOVES SEP 12, 2023
Jamie Hopkins to leave Carson Group

We'll miss his leadership and passion for profession, says RIA

By Josh Welsh
The role advisors play in their clients' lives
OPINION SEP 12, 2023
The role advisors play in their clients' lives

The deepest impact advisors make is guiding clients through the various seasons of life.

By Scott Hanson
Does low knowledge of annuities help explain low adoption among advisors?
OPINION SEP 12, 2023
Does low knowledge of annuities help explain low adoption among advisors?

As advisors' knowledge about annuities increases, so does their perception of these products.

By David Blanchett
Homrich Berg announces C-suite change
RIAS SEP 12, 2023
Homrich Berg announces C-suite change

Thomas Carroll to replace Andy Berg at the RIA's helm in 2024.

By Josh Welsh
US may dodge recession but concerns remain, say bank chief economists
INDUSTRY NEWS SEP 12, 2023
US may dodge recession but concerns remain, say bank chief economists

American Bankers Association expert panel expects growth, but at a slower pace than we've had so far in 2023.

By Steve Randall
Father-son financial advisors launch Climer Wealth Management Group
BROKER DEALERS SEP 12, 2023
Father-son financial advisors launch Climer Wealth Management Group

Michael and Wes Climer join Linsco by LPL Financial from Wells Fargo.

By Josh Welsh
VettaFi acquisition will enhance indexing capabilities for asset managers
INDUSTRY NEWS SEP 12, 2023
VettaFi acquisition will enhance indexing capabilities for asset managers

The deal brings new custom indexing design expertise to the business.

By Lauren Johnson
Judge orders high-stakes Feinstein family feud out of court
RETIREMENT PLANNING SEP 12, 2023
Judge orders high-stakes Feinstein family feud out of court

The case involving the US senator will now move to private mediation.

By Bloomberg
Global interest rates set to remain higher for longer
INDUSTRY NEWS SEP 12, 2023
Global interest rates set to remain higher for longer

Seven major economies will decide rates moves in the next week or so.

By Bloomberg
What problems? Violations in NASAA sweep exams fall dramatically
PRACTICE MANAGEMENT SEP 11, 2023
What problems? Violations in NASAA sweep exams fall dramatically

States found lower rates of problems with investment advisors across numerous categories.

By Emile Hallez
Joe Duran details his next venture at Future Proof
RIAS SEP 11, 2023
Joe Duran details his next venture at Future Proof

Entrepreneur says Rise Growth, a firm that will provide funding and strategies for the next generation of national RIAs, will launch in 2024.

By Ryan W. Neal
Barclays analyst latest to give LPL Financial shares room to run
BROKER DEALERS SEP 11, 2023
Barclays analyst latest to give LPL Financial shares room to run

Barclays set a price target of $275 per share as it initiated coverage of LPL.

By Bruce Kelly
Goldman confirms rumors of Laurence Stein's departure
PRACTICE MANAGEMENT SEP 11, 2023
Goldman confirms rumors of Laurence Stein's departure

Goldman’s executive vice president and chief operating officer of its asset and wealth management division is retiring amid a wave of changes at the firm.

By Gregg Greenberg
Cetera to buy tax specialist firm for $1.2 billion
BROKER DEALERS SEP 11, 2023
Cetera to buy tax specialist firm for $1.2 billion

Deal affects almost 3,000 advisors working with $83.8 billion in client assets.

By Bruce Kelly
Next DOL fiduciary proposal under attack prior to release
COMPLIANCE SEP 11, 2023
Next DOL fiduciary proposal under attack prior to release

Even before seeing the text, the insurance industry says the measure to raise advice standard for retirement accounts will hurt middle- and low-income savers.

By Mark Schoeff Jr.