Deal part of custodian's integration initiative with tech product providers.
Settlement requires him to pay more than $500,000
merger and acquisition activity has long been a trusty sign of a maturing equity market cycle.
Boston Private Bank is paying $60M for Florida RIA Banyan Partners, a $4.3B firm, creating a new wealth management behemoth.
Finra charges broker Dean Mustaphalli opened fund and received commissions without disclosing the business to his firm. Whether Sterne Agee clients were affected remains a mystery.
California Democrat cites stats showing that every year, SEC examines just 9% of the roughly 11,000 RIAs under its purview.
They offer a lump sum in exchange for pension income and engage in other questionable practices.
Morningstar reached an agreement with Business Logic, which had filed an intellectual property lawsuit against the research firm.
Employment may be headed for a "breakout year."
Business Logic Corp., a managed accounts software firm, is suing Morningstar Inc., claiming the company illegally replicated some of its software
Advisers support a move by the CFP Board of Standards, led by chairman Ray Ferrara, to ensure that advisers are accurately describing their compensation on its website, but they continue to have concerns about pay definitions.
From improperly storing client data to misusing document management systems, here are the top mistakes technology experts see advisers making.
Agency approves rule to throw more candidates into nonpublic pool.
SEC approves Finra background check rule; expanded requirement faces industry pushback but could help firms avoid rogue hires.
Plus: Janet Yellen's dovish optimism, Ernst & Young's $4 million lobbying settlement, how Citigroup agreed on that $7 billion figure, and QE has had almost no impact on unemployment
June FOMC meeting minutes shows policy makers on watch for too much risk taking, examine QE exit plan.
Year-old RIA backed by Raymond James making a splash with former Morgan Stanley brokers
Patricia Miller promised clients high yields if they went into “investment clubs.”
Skeptics raise their voices as the central bank continues to exit quantitative easing while denying rising prices.
<i>Breakfast with Benjamin:</i> Barclays tagged for HFT. Plus: A looming 401(k) crisis, the marriage math for gay couples, the fuzzy math of inflation data, tapping into the fracking boom, and Russian stocks are not for the meek.
