The acquisition is the latest in a string of deals for UK-based Smart, including its purchase last year of Stadion Money Management.
The settlement with the SEC follows Carrie Tolstedt's agreement in March to plead guilty to obstructing a problem of the bank's practice of opening accounts for customers without their authorization.
Warren Anderson, who’s based in Littleton, Colorado, had been affiliated with Schwab since 1999.
The retirement plan for federal government workers also includes numerous Christian and 'pro-life' funds that would seemingly be affected by the legislation.
Austin Dutton last week lost an industry arbitration claim of $43,645 to a client related to sales of GWG bonds.
Fidelity's alts platform, which launched in 2013, has seen assets grow by 70% since 2020.
The measure seeks divestment of an estimated $15 billion from oil and gas companies by CalPERS, CalSTRS.
Legislators have less than a week to approve the agreement before the default deadline next Monday, June 5.
New clients are essential to the growth of advisory firms. Here are the independent broker-dealers that added the most clients last year.
Given the many lawsuits filed against retirement plan sponsors in recent years for breaching their fiduciary duties, here are the steps plan committees should be taking to mitigate risk.
The firm miscalculated annual yield and income for nine funds on approximately 8.5 million statements. It also failed to act promptly when customers noticed something was wrong.
As interest in artificial intelligence grows, it's worth looking under the hood of sector ETFs.
The upgrade reflects Advisor Group's declining leverage levels and higher net yields on cash sweep deposits, according to the rating agency.
Here's a list of the costs that have become qualified expenses for 529 plans in the past decade.
In a Q&A, the Advisor Group CEO discusses what's involved in squeezing the giant operation under one broker-dealer roof and brand.
Richard Lumb says that while InvestCloud is growing, a different set of skills are needed to take it to the next level.
Social Security and account numbers were compromised in a phishing attack, but accounts were not accessed, according to the firm.
The SEC chair drew the ire of fund officials when he suggested that the agency looks out for investors while the industry looks out for itself.
Since launching as a spinoff of Thrivent Financial in 2019, the platform has grown to $5 billion in client assets.
The breach involved 'a systems intrusion' at R.R. Donnelley, a third-party vendor that Advisor Group uses for some of its client mailings.
