Disclosure and operating issues impacted more than 25,000 client accounts and resulted in $4 million of potential tax benefits lost, according to the SEC.
William Galvin and Joseph Borg find and respond to violations at the ground level, where their constituents are harmed.
Lawmakers talk about reducing the federal budget, but entitlements are off the table. 'It's not mathematically honest,' Jeff Bush said.
Westlake Village, California-based Silverberg Wealth Management is joining NWF Advisory Group, which is affiliated with Royal Alliance.
Bank of America's wealth management business, which includes Merrill, saw a 3% year-over-year decline in revenue in Q1, as lower equity and fixed-income valuations hit asset management fees.
This month's highlights includes Altruist's purchase of Shareholders Service Group, BlackRock's closing of the retail arm of robo FutureAdvisor and Absolute Engagement's launch of an engagement tool.
Those crafting financial plans for first-time homebuyers should temper client expectations and help keep the purchase in perspective.
The California auto-IRA program is not only the biggest in the country, but its arrival correlated with a pick-up in new 401(k) plans in the state.
Now's a good time to take the tax hit on transfers out of an individual retirement account because rates are low.
Miss your seven-month initial enrollment period and you may face lifelong enrollment penalties and delayed coverage.
The agreement between Advisor Group and CAIS on sales of alternative investments, and the revenue such sales would generate, is the crux of the matter.
Andy Saperstein oversees the $4.5 billion wealth management unit that's catapulted Morgan Stanley's market value above that of archrival Goldman.
Here are three tax insights you can pass on to your clients when you've exhausted all the customary ones.
Demand for robos might be cooling, but many are still interested in them, despite a lack of understanding.
The company's new policy on head count, made clear in its first-quarter earnings report, aligns with decisions made by Morgan Stanley and Bank of America.
NASAA says Finra's modifications don't do enough to make it harder for brokers to clear customer disputes from their records.
Charles Schwab executives had hinted at possible hiccups ahead of the massive account migration coming in September.
The retirement solutions provider expects the add-on feature to be ready for client testing later this quarter and available to go live in 2024 at no additional cost.
Naratil left the bank just six months ago after holding a number of senior positions in almost four decades at UBS, including president of UBS Americas, co-head of wealth management and CFO.
The Justice Department's antitrust division asked the SEC to consider potential impacts of its proposals, including whether smaller pricing increments could increase competition between exchanges and wholesalers, and whether that might affect brokers' willingness to route orders to wholesalers.
