As portfolio management becomes increasingly commoditized, advisors make the case for managing assets in-house and promoting that to clients as a unique value-add.
The self-regulator claimed the reps traded excessively in the accounts of elderly customers.
PE firm Clayton Dubilier & Rice offered $53 per share for the RIA aggregator, adding fuel to the 24% rally in Focus' shares so far this year.
Daniel Laiter will join Alex Brown's Brickell Avenue branch in Miami.
U.S. Virgin Islands claims the bank turned a blind eye to Epstein sex-trafficking, calling the allegation a 'masterclass in deflection.'
With the deal for Portfolio Advisors, FS Investments also gets its hands on a private equity fund that targets both wealth management and institutional clients.
But it hasn't been all wins for the firm's efforts to compete in a market dominated by brokers like Charles Schwab Corp. and Fidelity.
The majority of account holders contributed more to their HSA than they took out in 2021. But only 12% invested their HSAs in assets other than cash.
eMoney Advisor and FP Alpha have tools to help advisors with Roth conversions.
Chair Jerome Powell and fellow policymakers lifted the Fed’s target for its benchmark rate to a range of 4.5% to 4.75%.
An SEC risk alert this week warned firms that surveillance systems fell short in ensuring reps consider costs and reasonably available alternatives. Will enforcement be next?
Smaller firms can still flourish amid the rampant M&A activity, but they need to employ targeted client development and strategic outsourcing.
Legacy Financial Planning has offices in Rochester and Oswego, New York, and Naples, Florida.
It's safe to say that the more adept you are at selecting, implementing and utilizing the available technologies, the better off your practice and your clients will be.
The 90-year-old active management complex is launching 12 model portfolios that combine its active mutual funds with ETFs from Schwab, Vanguard and BlackRock.
Last year, the agency managed to examine about 16% of all advisors, but it aims to do more exams in 2023.
The pooled employer plan is going live as the Department of Labor's new ESG rule takes effect.
Spitzner spent 25 years in the industry, holding leadership roles at firms including Prudential Investments and Envestnet, before launching Wealth Consulting Partners in 2015.
Over two-thirds of non-retired investors say they may continue working after they retire.
The bill sails through House, 419-0, on a fast track. Its author, Rep. Ann Wagner, R-Mo., hopes the Senate acts this time around.
