The Securities and Exchange Commission chairman called on lawmakers to expand the agency's investor protection mandate to include crypto trading and decentralized finance. Cryptocurrency assets are worth roughly $1.6 trillion.
The San Diego tech firm will use the funds to expand its offerings to RIAs and explore registering as a broker-dealer.
Being in debt can be the difference between scraping by and struggling, and people recognize the relationship between finances and health, surveys show.
Exton, Pennsylvania-based Brumbaugh Wealth Management is affiliating with Cetera through super OSJ AdvisorNet
FMG Suite is giving advisers mobile access to content marketing, which relies on sharing online content to drive client engagement. Digital marketing solutions is slated to be the largest planned increase in net spending for an adviser’s tech stack throughout the year, according to the InvestmentNews Adviser Technology Study.
If the perceived value of an RIA is tied to the adviser's investing prowess, it makes it hard to develop a succession plan or sell the firm.
Understanding what a company does can skew our perceptions of the risk of investing in the company.
The family-based team is joining the firm's employee unit and opening an office in West Fort Worth, Texas.
More financial support is needed to combat the gap in financial investment in children’s mental health and improve access to care.
A man was sentenced for helping steal nearly $1 million from participants in the Employees Retirement System of Texas, a development that occurs as the DOL is ramping up efforts to boost cybersecurity in retirement plans.
Fabric will offer access to MSCI's factor-based risk model that is designed to provide institutional risk management tools to advisers.
The Financial Industry Regulatory Authority Inc. said at the start of the year it was looking into registered representatives who applied for coronavirus-relief loans for possible violations.
The digital payments platform says the acquisition of the Australian buy now, pay later company will allow it to capitalize on the shift away from traditional credit, especially among younger consumers.
Given the looming shortage of advisers, the industry must improve its diversity and inclusion efforts so it can attract and retain employees from diverse groups.
The Glen Allen, Virginia-based firm was founded in 2015 and operates as Capstone Financial Partners.
The rule requires firms with a history of misconduct or that employ a high number of reps with disciplinary records to deposit cash into an account controlled by the Financial Industry Regulatory Authority Inc.
Legislation by Rep. Patrick McHenry, R-N.C., would allow anyone who passes the agency's exam to purchase unregistered securities, but credentialing groups are concerned about the mechanism for becoming a sophisticated investor.
In a letter to Labor Secretary Marty Walsh, Democrats asked for an update on the DOL’s rule proposals on ESG criteria. Last year, the Trump administration DOL finalized two rules that tamped down on use of so-called nonpecuniary factors in investment selection.
Recent hires at the advisory firms come at a time when the fastest-growing RIAs are embracing technology tools at higher rates than their peers.
The largest independent brokerage was firing on all fronts for the three months that ended in June, including recruiting advisers, bringing in net new assets and completing previously announced deals to purchase advisers.
