Advisor News

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Team managing $300 million exits Wells Fargo for LPL
INDEPENDENT BROKER DEALERS APR 27, 2020
Team managing $300 million exits Wells Fargo for LPL

Ashworth Financial in Tryon, N.C., affiliates with LPL's new breakaway unit

By InvestmentNews
Best Places to Work: Five HR policies that help top firms stand out
OPINION APR 27, 2020
Best Places to Work: Five HR policies that help top firms stand out

Salary and benefits are important, but the Best Places to Work gain their edge by fostering work-life balance

By Devin McGinley
Tech tools tackle marketing amid COVID-19
FINTECH APR 27, 2020
Tech tools tackle marketing amid COVID-19

While advisers may not have resources to step up marketing campaigns, tech firms are stepping in to streamline the process

By Sean Allocca
To succeed tomorrow, build  a new workplace today
OPINION APR 26, 2020
To succeed tomorrow, build a new workplace today

Prepare a workplace that permits employees to succeed under any circumstance

By InvestmentNews
3 Questions: Rich Cancro on selling firm to Franklin Templeton
FINTECH APR 25, 2020
3 Questions: Rich Cancro on selling firm to Franklin Templeton

The founder of AdvisorEngine talks about how the deal went down

By InvestmentNews
Undoing unwanted RMDs
RETIREMENT PLANNING APR 25, 2020
Undoing unwanted RMDs

Ed Slott discusses whether clients who already took required minimum distributions this year can put that money back in light of the CARES Act

By InvestmentNews
For charitable givers, CARES Act offers big tax breaks
RETIREMENT PLANNING APR 24, 2020
For charitable givers, CARES Act offers big tax breaks

The coronavirus recovery bill allows for the full deduction of your donation up to your adjusted gross income

By Mark Schoeff Jr.
Court orders Aequitas to disgorge $453 million in fraud case
REGULATION, LEGAL & COMPLIANCE APR 24, 2020
Court orders Aequitas to disgorge $453 million in fraud case

CEO Robert Jesenik and other firm executives were barred and penalized

By InvestmentNews
401(k) assets down, but savings levels up: Fidelity
RETIREMENT PLANNING APR 24, 2020
401(k) assets down, but savings levels up: Fidelity

The stock market eroded account balances, but savers increased their contributions

By Emile Hallez
Cetera cuts REIT sales, loses senior recruiter
ALTERNATIVES APR 24, 2020
Cetera cuts REIT sales, loses senior recruiter

Broker-dealers are pausing the sale of real estate products while the broader market absorbs the shock of the shutdown

By Bruce Kelly
Texas judge shuts sham state securities regulator
REGULATION, LEGAL & COMPLIANCE APR 24, 2020
Texas judge shuts sham state securities regulator

The website tried to steal information by claiming to protect investors

By InvestmentNews
Clients don't grasp fees, and that's bad for business
RETIREMENT PLANNING APR 24, 2020
Clients don't grasp fees, and that's bad for business

Not knowing how their advisers are compensated affects clients' trust, according to a Hearts & Wallets report

By Emile Hallez
What's the point of an ETF that goes off script?
OPINION APR 24, 2020
What's the point of an ETF that goes off script?

When fund managers rejigger their methodology, investors don't know how to calculate returns

By Shuli Ren
RIA M&A could pick up in the wake of coronavirus
OPINION APR 24, 2020
RIA M&A could pick up in the wake of coronavirus

The market downturn may have hurt some valuations, but many of the other factors that have been fueling deal-making are still in place

By Larry Roth
House overwhelmingly passes aid bill
REGULATION, LEGAL & COMPLIANCE APR 24, 2020
House overwhelmingly passes aid bill

President Trump is scheduled to sign the $484 billion coronavirus stimulus package Friday

By InvestmentNews
3 Questions: Brian Hamburger on adviser recruiting
INDEPENDENT BROKER DEALERS APR 23, 2020
3 Questions: Brian Hamburger on adviser recruiting

The founder and CEO of MarketCounsel discusses whether advisers are rethinking their plans to go independent

By InvestmentNews
Finra proposes one-stop shopping for background checks on advisers
REGULATION, LEGAL & COMPLIANCE APR 23, 2020
Finra proposes one-stop shopping for background checks on advisers

Under its proposed rule, BrokerCheck and the SEC's database would display the same information on dual registrants

By Mark Schoeff Jr.
Employers weigh cuts in plan contributions, record keepers say
RETIREMENT PLANNING APR 23, 2020
Employers weigh cuts in plan contributions, record keepers say

Most plan participants are not shifting allocations, but they are looking for loans or hardship withdrawals

By InvestmentNews
Wells Fargo adds SECURE Act-friendly 401(k) annuity service
RETIREMENT PLANNING APR 23, 2020
Wells Fargo adds SECURE Act-friendly 401(k) annuity service

The firm will act as a fiduciary for insurance provider selection for qualified longevity annuity contracts

By Emile Hallez
Bid to let states go bankrupt quickly nixed a decade ago
FIXED INCOME APR 23, 2020
Bid to let states go bankrupt quickly nixed a decade ago

Mitch McConnell's comment came as Congress considers extending aid to cities and states that are seeing tax revenue disappear as wide swaths of the economy are shut down

By Bloomberg