The surge in activity following the pandemic-induced lull is winding down as M&A returns to normal, according to DeVoe & Co.
D.R. Saur Financial will be integrated into Beacon Pointe’s Plano, Texas, office.
The analyst twice purchased securities after he learned a fellow analyst was upgrading his recommendation in impending research reports and then lied to Finra staff about his trading.
The deal, which is expected to close this summer, pushes Akron, Ohio-based Sequoia's assets under management over the $7 billion mark.
Citigroup plans to 'double down on wealth,' while Merrill's account balances surged 31%.
The world's largest retailer announced plans to launch a digital advice platform for its 220 million weekly clients. It will likely target lower-income Americans with simple but necessary financial products.
Some leading retirement experts are questioning whether advisers should rethink their assumptions about retirement spending when creating financial plans.
The results of a recent experiment show people saved more, spent less and felt more secure financially while saving as a group, according to the nonprofit Commonwealth.
The measure, written by Democratic lawmakers, will have a hard time finding Republican votes. But it does send a signal of support to the SEC for tougher ESG oversight.
A struggle for seats on the board of Blucora Inc., which owns the independent broker-dealer Avantax Investment Services Inc., is heading for a showdown. Blucora has purchased two broker-dealers in half-a-dozen years to expand into the wealth management business.
Clients who feel they’re being ignored or getting second-class treatment will get fed up and leave, especially if investment performance hasn’t been great or the firm has dropped the ball somewhere else.
Andrew Meredith and Kevin Lindung are based in Towson, Maryland.
Walnut Beech Advisors maintains offices in Michigan and New York
The pandemic has reminded us that too many Americans are being left behind economically, and the stats for financial education demonstrate that is happening in the classroom too.
The big news, announcements and underlying trends emerging in the world of technology solutions for financial advisers!
Even for the earliest proponents of sustainability, the sudden spike in ESG investing popularity is surprising, but satisfying.
Low Group, a four-person team, is based in Bloomfield Hills, Michigan.
The Securities Industry and Financial Markets Association opposes the bill, saying arbitration 'promotes fair, efficient, and economical dispute resolution for all parties.'
The wirehouse reported new records for net new assets of $105 billion, up 43% from the end of December and an increase of 183% from the same period a year earlier. 'My target is $10 trillion of money under management,' said CEO James Gorman. 'I've told the team internally, they hate that.'
Martin Silver of International Investment Group in Long Branch, N.J., will pay penalties to be determined.
