“Broker-dealers and RIAs are right now in a position where they must over disclose," says one industry executive.
The move marks a milestone for generative AI even as SEC Commissioner Gary Gensler warns of a future crisis in the making from the still-evolving technology.
The newest additions to the firm's employee advisor arm will operate its inaugural location in the Big Apple.
One firm avoided penalties as it proactively self-reported and took compliance action, according to the regulator.
"More acquisitions are clearly in our future," says CEO.
“With Alex David leaving Stifel, what does that say about the independent brokerage business there,” asks one brokerage executive.
A newly released survey digs deeper into how retirees are responding to higher prices.
Pulse survey paints picture of declining finances, with a stark divide between credit card-indebted households and those with investments.
Industry groups hail the move in the Pelican State as another win for consumers in need of lifetime income.
Fidelity Charitable study finds an opportunity for advisors amid knowledge gap on tax-smart planning strategies.
New Edelman survey reveals continuing concerns over debt, inflation, and daily expenses, with six in 10 believing they need a six-figure income to avoid financial worries.
“Insurance is paramount in the broker-dealer industry, but you have to have insurance that pays,” a plaintiff's attorney said.
T. Rowe Price research takes consultants and advisors' pulse on different retirement investment solutions, along with shifting views on fixed income opportunities.
The expanded partnership, which brings in new capabilities from Futureplan, will give thousands of advisors and their business clients access to a new retirement plan option.
The 44-year veteran joining the firm's employee advisor channel joins after managing $112M at the wirehouse.
Reactions to recent world-shaping events shows financial markets' focus might be misdirected, suggests Saturna Capital's senior investment analyst and portfolio manager.
"I reiterate that I disagree with the allegations made in these suits," says Jim Walesa.
House Republicans passed legislation this week that would potentially tamp down on sustainable investing options within retirement plans.
Firm attempted to minimize losses in thousands of "odd lot" positions by executing unfavorable cross trades with retail mutual funds and third-party broker-dealers, according to the regulator.
If you aren’t actively discussing referrals at every meeting, it’s time to make a change.
