The Wall Street bank's main broker-dealer failed to adequately oversee reps who recommended losing short-term trades in closed-end funds, medium-term notes, and syndicate preferred stocks, according to Finra.
The two elite advisors, including a 30-year industry veteran, extend the firm's reach in Illinois and North Carolina.
“It made the most sense for us to make this decision,” says Merit's president Kay Lynn Mayhue.
The TAMP giant's newly unveiled suite of ETF portfolios, SMAs, and active-passive models gives its users even more flexibility to serve clients' needs.
EBRI research on public-sector 401(k) plan participants reveals how increased reliance on credit card debt and plan loans could have long-term consequences.
"There are many psychological factors that go into such a fraud,” attorney says.
The veteran with nearly three decades of experience will lead the Arizona-based firm's newly established family office division.
New analysis from JPMorgan Chase Institute unpacks how a rise in early retirements during the pandemic impacted older American's purchasing power.
The company's deal to pick up the defined contribution business is one of the bigger ones in recent years, in an industry that keeps consolidating.
Advisor stresses importance of income you can't outlive.
Sharing equity with all employees is a great concept but can be a compliance burden.
Alphabet and Meta's debut as dividend payers, coupled with corporate earnings growth, added to the bullish picture of American companies rewarding shareholders.
The wealth tech firm's latest leadership hire brings three decades of experience, including roles at Riskalyze and eMoney Advisor, as it looks to sharpen its business strategy.
Nationwide survey research reveals snapshot of sentiments around retirement, economic anxieties, and need for protected income.
The AI-focused fintech provider has unveiled updates to its estate planning capabilities, including customizable asset projections and an improved planning snapshot tool.
The five-advisor group based in Santa Rosa, California operates a full-service ensemble practice with tax, retirement, estate planning, and other high-net-worth services.
The startup uses machine learning to match advisors with clients who are at life stages where they could benefit from working with a financial professional.
“Obviously, this is beyond unusual,” says one veteran financial advisor.
As lifespans get longer and workers' access to DB plans decrease, researchers make the case for a "hybrid" system to support retirees.
MassMutual survey shows despite three-quarters of parents indicating they prepared financially, around half still shared concerns around basic expenses and rising tuition.
