The SEC also has custody and ETF regulations to tackle, while the Department of Labor continues work on the next iteration of an investment advice rule for retirement accounts.
The share price of LPL Financial Holdings Inc. increased 27% over the past year, even as the S&P 500 index fell 19.4%.
Lee plans to focus on advancing the FPA's mission of title protection for financial planners.
Chicago firms Kovitz and Origin will combine real estate investment expertise, creating greater access across the Focus network.
The retirement savings legislation signed into effect by President Biden last week as part of a government funding bill includes 92 provisions designed to boost the number of Americans saving for retirement, as well as the size of their nest eggs.
The same Fed policy that hurt fixed income last year is likely to make it the ballast for portfolios for the year ahead.
Having multiple sources to pull from during retirement, clients can manage the volatility and order in which they tap accounts much more easily than if they had only one option.
The measure codifies Finra's practice for vetting arbitrators for conflicts of interest, and it requires a written explanation when a challenge to an arbitrator's seating is granted or denied.
Instead of a single seat on the company's board, activist investor Impactive Capital is now seeking more significant change.
The Tiedemann/Alvarium merger had been cited as a standout by industry observers because of its focus on high-net-worth investors.
The nine-member group, which will do business as Fountain Financial Group, had been affiliated with First Horizon Advisors.
Yackel will be joining Janney as executive vice president after co-founding estate planning platform Trucendent.
Public-employee plans are underfunded, chasing higher returns and underperforming international peers overseen by professionals.
Here are three areas that wealth management firms should be monitoring to avoid taking the kind of reputational hit the airline just suffered.
The ever-growing number of items that compliance officers and teams must monitor has made tracking regulatory compliance disclosures more complicated than ever.
The purchase of Virginia-based Ascent Group keeps Alera on track to meet its goal of reaching $10 billion in AUM this year.
State legislation requires state entities to divest from firms on the list, with certain exceptions.
While more investors saw their financial condition deteriorate in 2022, their advisors are turning last year’s troubles into a teachable moment.
Critics say the measure's due diligence and monitoring requirements for third-party providers of portfolio management and other services are unnecessary given advisors' fiduciary duty.
The regulator's penalties averaged $247,000 per firm, according to an InvestmentNews tally.
