Arizona-based Arque Capital Ltd. sold bonds issued by bankrupt GWG Holdings Inc.
With the pool for Friday’s draw having grown to an estimated $560 million, advisors urge anyone experiencing a windfall to proceed cautiously.
The SEC, the CFTC and the FTC also filed lawsuits against Alex Mashinsky and his crypto lending company.
Charities, shell companies and tax evasion schemes leave a Cleveland advisor in hot water.
The House Financial Services Committee heard testimony on 18 bills that would curtail SEC efforts or otherwise restrict ESG considerations.
The big wealth manager palms off 'low value' clients in Australia.
Due diligence may not be the top priority when wealthy clients seek a financial advisor, but such clients can also be quick to switch.
Markets sense rates and recession are less of a threat
The investment manager has been growing its overall alternative assets focus
The median retirement account balance among Gen Xers is just $10,000, NIRS found.
The Senior Citizens League increased its estimate for the 2024 cost of living adjustment to 3%.
Broomall, Pennsylvania-based David W. Rodgers moves for “breadth and depth of services.”
The proposed rule would require certain brokerages to compute the net cash they owe customers and other B-Ds on a daily, rather than weekly, basis.
A year after the firm's decision to give advisors more flexibility, 700 Edward Jones financial advisors, or more than 3%, now work in combined offices.
Meanwhile, the firm chases Silicon Valley Bank business by hiring overseas.
With inflation at its lowest level since March 2021, advisors are hoping the Fed can stop raising interest rates.
The regulator won't require 'swing pricing' for money funds after fierce pushback from the industry.
Studies have shown that most people will benefit from an advisor's assistance, realizing a 4%-plus increase in their yearly return, even after fees.
Offering employees an ownership stake can give you a valuable tool to attract and retain great people, and it often makes internal succession much easier.
This marks the third Texas acquisition this year for Captrust, which now has 69 deals on the books.
