If a federal shutdown occurs, the SEC would cease most operations, potentially jeopardizing pending rules. The IRS would also go quiet as advisors wait for SECURE 2.0 guidance.
AssetMark also announces a partnership with Cheetah, an Accutech company.
'Senate Democrats are highly unlikely to go along with [those provisions] that have been inserted into appropriations bills in the House,' says an official at an advisor trade association.
Insurance can be expensive, and clients should be aware of all options and how to use coverage when the time comes.
Multiyear clearing arrangement described as a win for both firms and clients.
Lower levels of digital literacy among older Americans leave them vulnerable.
The regulator wants to ensure enough is being done to prevent money laundering by international clients.
With just 30% of Gen Z investors turning to financial planners for guidance, advisors must refine their approach to emphasize their relevance.
What is so incredible about advising is that there is an endless stream of current information we must absorb and navigate.
US investors pulled $2.7B from sustainable funds in Q3 but global peers are not deterred.
Every party you attend or host and every gift delivered can move your brand forward, strengthening and building relationships.
'We're not trying to change Reg BI or change the fiduciary guidance,' the SEC chair says at SIFMA's annual conference.
"We don’t agree with the decision but, with Finra arbitration, there is no appeal," says William H. McCance, president of Ages Financial Services.
The improvement demonstrates that the giant broker-dealer network, which many believe will seek to go public in the next few years, is moving its cash flow in the right direction.
The new module on the Black Diamond wealth platform comes with key features like a workflow manager and email integration.
Renaissance Benefit Advisors Group focuses on helping plan sponsors with their fiduciary responsibilities.
The bank saw stronger-than-expected client inflows of $22 billion in its wealth management business, including $3 billion at Credit Suisse's unit.
New solution will enable asset managers to empower small-balance IRA holders.
'Finra provides essential services ... thousands of firms, hundreds of thousands of registered persons, and millions of American investors rely upon,' the North American Securities Administrators Association says in a brief.
The settlement with Baird stems from Finra's 2020 targeted examination regarding rights of reinstatement.
