With a total of $300 million in funding in a matter of months, the robo-adviser has grown employee head count to over 250 and AUM to $4.5 billion.
The bank, with almost 260,000 employees, will start calling workers back to the office on Sept. 7, a process that will continue through October, according to an internal memo.
Given their limited savings, current low interest rates and the ongoing rise in prices and out-of-pocket health care costs, most boomers need a financial lifeline.
Direct indexing has become a powerful tool for advisers, while combining growing investor interest around value-based investing and advancements in technology.
He replaces Peter Driscoll, who is leaving the agency after heading the examinations division since January 2017.
For the increasingly fee-based advisers at independent broker-dealers, the transition to the RIA model is likely to pick up speed in the years to come.
The SEC has been intense about ESG and wait-and-see on Reg BI. But new Enforcement Director Gurbir Grewal supported New Jersey's fiduciary rule and may put teeth in the broker advice standard.
Policyholders saw an 85% bump in their premiums in 2015, despite assurances when they signed up that rates would not increase.
Wells Fargo & Co. is revamping its wealth management franchise and such changes often lead to a reduction of the number of financial advisers at large enterprises.
Merrill Lynch reported a 6% dip in adviser head count and said that 80,000 clients are now using its self-directed investing platform.
Enhancing the return prospects of individual investors seeking yield calls for hands-on, agile, active management — and the more flexible the approach, the better.
The Alternatives Exchange will provide curated UBS and iCapital alternative investment products to the 106,000 advisers on Envestnet’s platform.
The training is designed to help retirement plan advisers evaluate environmental, social and governance investing opportunities.
Here are 11 steps advisers looking to transition a business should consider to be the bare minimum it takes to find a buyer and close a deal.
Experts acknowledge the "Tower of Babel" criticism regarding ESG guidelines and nomenclature, but are concerned too much structure could be harmful.
The Kestra settlement and other recent ones demonstrate the SEC’s concern is extending to revenue sharing.
Sales reps failed to disclose conflicts of interest when recommending rollovers from employer plans to higher-fee managed accounts that often had worse performance, regulators said.
Continued inflationary pressures could result in the largest cost-of-living increase in benefits since 1983.
The retirement plan provider created its managed account program in 2019.
More money flowed to equities than fixed income in the second quarter, according to data compiled by Alight Solutions.
