Martin A. Ruiz took $8 million of client money and spent the vast majority of the funds on personal expenses.
Savvy isn’t a consumer-facing robo-adviser or a wealth fintech building tech for other RIAs; instead, it's a fairly classic RIA with proprietary technology built entirely in-house.
Known as the '3% investment policy,' the rule acted as a modest — if nagging — monthly charge on the revenue advisers generated.
The training will help advisers improve their marketing, as well as teaching them to develop video content and launch podcasts and events.
A push to restore and expand a tax break for investment advice and other issues affecting advisers is likely to be stalled by gridlock.
Consider skipping the classic fruit basket, and think of new, memorable ways to wow clients this holiday season.
Adrian John of Seattle, who managed $200 million, is affiliating with the firm's independent adviser channel.
There's increasing interest in employing annuities in retirement plans, but plan sponsors need to review the products carefully.
Last year, the firm acquired Viridian Advisors, which specializes in comprehensive financial planning and tax planning.
A new study shows 3 in 10 adults made changes to their investment portfolio in the past six months due to market volatility, with 37% of those investors increasing their cash allocations.
Richard Best tells an audience of compliance professionals that online attacks pose a threat to firms of all sizes.
66% of millennials would be more likely to contribute to their workplace retirement plan for the first time or increase their contribution if they knew their investments were doing social good.
If advisers don't set expectations when they first meet with clients, clients will create their own, and odds are they'll be disappointed.
Abbie Osterbur and Niralee Patel are joining the firm’s employee adviser channel in Champaign, Illinois.
Complications for LGBTQ+ clients are only likely to proliferate with impending legal decisions.
The agency is floating tighter rules that would require certain funds to have at least 80% of assets correspond to investment strategies listed in their names.
The digital platform provides access to alternative investments and fixed income.
Turnkey asset management platforms can help advisers grow their practices, panelists say.
The justices are considering whether those facing agency claims can go straight to federal court with constitutional challenges — including attacks on the use of in-house judges to handle cases.
ForUsAll says its Alt401(k) platform enables employees to invest in crypto through a brokerage window. Meanwhile, the firm has filed a lawsuit challenging the DOL's crypto warning.
