The tech-enabled RIA is helping a privately owned broker-dealer arm its advisor network with a new solution for managing held-away retirement assets.
The fintech provider is helping a national independent broker dealer and RIA drive its next phase of growth with a host of advisor tools.
"Another schlocky broker-dealer gets hit with an arbitration award and the owner and everyone else declare bankruptcy," said one attorney.
The new fiduciary rule will pull a lot of brokers under the Employee Retirement Income Security Act, and harkens back to the levelized compensation from the 2016 rule.
The broker-dealer giant has onboarded a husband-wife tandem who previously managed $200M at Edward Jones.
"These firms have to go back, hire a new accounting firm and restate financials," said one senior industry executive.
The veteran advisor, whose resume includes time in Silicon Valley, brings a $275M book that includes lawyers, small business owners, and widows.
First-of-its-kind RIA GPT promises to boost advisors’ productivity and enhance client outcomes, while still complying with SEC rules.
The leading alternative investments provider is rolling out a suite of asset-allocation strategies across private equity, private credit, and real assets.
The stock trading platform is facing an enforcement action as the federal regulator continues to crack down on digital assets.
Speed and nature of new DOL rule has left many in the insurance industry fuming, losing sight of the impact on ordinary investors
Deals by LPL underscore surge in price propelled by the ongoing movement to fee-based revenue from one-time commission charges.
Lawsuit filed in Texas federal court argues that the agency “has exceeded its authority,” acting inconsistently with ERISA’s intent.
New report argues the guidelines, developed more than a decade ago, must be updated to better reflect current landscape of 401(k) plan options.
By financially empowering underserved communities, advisors can play a crucial part in tackling inequality.
It's easy to ridicule the central bank and predict a policy mistake, but history has taught us that doubting its strategy rarely ends well.
The company’s share price slumped after the federal regulator revealed charges of “massive fraud” against its auditing firm, leading to $14M in penalties.
The wealth tech provider is giving fee-only advisors access to more resources and lowering barriers for those just getting started.
From portfolio management to compliance and client onboarding, the new offering takes direct aim at common headaches for independent practices.
"The only way to really address recidivism is through bringing criminal cases," one attorney said.
