The goal of the self-serve portal is for fintechs to identify use cases for the hundreds of APIs Schwab and TD Ameritrade have available.
The measure faces a difficult legislative journey in a narrowly divided Congress, even if it becomes part of a reconciliation bill that can be approved by a simple majority in the Senate.
Ascendant Alternative Strategies changed its official status with Finra to termination requested. Founders of GPB, David Gentile and Jeff Schneider were arrested and charged with fraud last month by the FBI.
CEO James Gorman says the acquisition advances the wirehouse's 'transformation’ by adding fee-based business.
Omer Ismail, head of Goldman's consumer bank, Marcus, and a colleague, David Stark, will help lead the retailer's fintech startup as it muscles into the banking business.
PBS Wealth Group is located in Newport Beach, California.
At the heart of NFP case is the flexPath target-date series, which was added to Wood Group plan in 2016, when it was essentially brand new. Schlichter Bogard & Denton brought the case.
Finra will not require the documentation normally needed to obtain a testing accommodation. That will allow candidates to opt for an online exam if they’re reluctant to go to a test center.
Envestnet plans to ramp up investments into a digital financial wellness ecosystem that connects multiple aspects of a user's financial journey.
The largest independent broker-dealer reported forgivable loans to recruits of $419.2 million at the end of last year. Forgivable loans are one of the most common ways broker-dealers use to attract recruits.
As its wealthiest clients fly south, the wirehouse plans to double the number of teams catering to ultra-high-net-worth individuals in the Sunshine State over the next few years.
Advisers need to grasp the Employee Retention Credit, in order to better inform their clients and make better decisions for their own businesses.
Envestnet advisers can manage trust and estate planning accounts for their clients thanks to an API integration with Trucendent
An SEC official indicated reviews are still meant more to help firms comply with Reg BI than to punish them for violations of the rule. But it's a good idea to document recommendations.
Donor advised funds can be used to support increasingly popular impact investing.
Just 2.3% of participants in defined-contribution plans stopped contributing to the plan in 2020 amid the pandemic.
More than half are seriously considering leaving the profession or retiring early. A third of those thinking about leaving for other fields were tenured professors.
Duckett succeeds Roger Ferguson Jr., who had announced his plans to retire. She was most recently CEO of Chase Consumer Banking.
Regulator says the firm caused recruits to take nonpublic personal client information.
Data suggest that the adoption of the SEC’s vague Regulation Best Interest and the abandonment of a strengthened DOL standard for retirement accounts have already cost savers billions of dollars in lost returns.
