JPMorgan now says there were 229 financial advisors in First Republic's wealth management unit when it acquired the bank earlier this week, up from the 150 total its CFO cited Monday.
With investors seeking to lock in favorable payout rates before they begin to fall, the survey showed the income annuity market enjoying its highest quarterly sales ever, topping $4.1 billion.
Thomas Reynolds and Kathleen Gfrorer of Oakbrook-based Landmark Capital are closing their RIA to join LPL’s corporate RIA.
The study showed two-thirds of small businesses without a retirement plan say they are 'highly likely' to offer one, but only 49% have made moves to do so.
InvestmentNews Research identifies the independent broker-dealers whose reps took home the highest average payouts last year.
The Fed raised interest rates by a quarter percentage point Wednesday, but the FOMC statement no longer included a line about anticipating 'additional policy firming.'
The law is the 'farthest-reaching' of the actions various states have taken to restrict the use of environmental, social and governance considerations.
Hedge funds with at least $1.5 billion in assets now have to report significant investment losses and withdrawals to the SEC within 72 hours.
Several states will once again be pressing for the establishment of new state-run auto-IRA programs during their legislative sessions this year.
The pace and breadth of the agency's current rulemaking is not allowing for constructive criticism from the people implementing the rules.
The deal for Dubuque-based Heacock & Jones Financial Services is Wealth Enhancement Group's sixth acquisition this year.
Nate Carlon is based in Scottsdale, Arizona, and operates as Carlon Wealth Advisors.
Politicians' manufactured controversies are having minimal impact in boardrooms.
The firm disclosed the investigations last year, and said it faces potential civil liability from allegations that it caused stock prices to drop before completing a block trade.
The number of finance and insurance jobs in Dallas has surged 33% in the past decade, more than double the national average.
Independent broker-dealers managed to overcome the stock market’s slide last year with help from rising rates. Here’s a list of the firms that grew most rapidly.
Legislation recently approved by a House committee would deem the clients of investment advisors to be accredited investors.
Trevor Murray is seeking to reinstate a $900,000 jury verdict he won on allegations that he was fired for refusing to skew his reports to help the firm’s business strategies.
Amid volatile markets, it's important that financial professionals provide clients with Empathy, Perspective, Insights and Choices.
Meanwhile, over the past decade, the top 25 firms have essentially doubled the amount of revenue they generate.
