The CFP Board today issued an ethics guide for generative AI, coinciding with a separate report showing that most advisors are using the technology in some way.
Inside sources report rising internal concerns at the federal securities agency amid the unit's unrelenting campaign to cull inefficiencies across government.
The wirehouse's "strong investment in technology and AI has improved financial advisor productivity," KBW's David Konrad said.
Longevity is increasingly globally thanks to advances in medicine and technology. There are wild estimates about AI doubling average lifespans in short order, but there are factors that are also working against longevity.
The company last week reported a 57 percent increase in loans made to advisors in 2024.
One-third of poll respondents report no retirement savings and expect to need $2 million on average, highlighting bipartisan importance of financial security.
With looser regulations in the offing, the digital trading platform is looking forward to expanding its trading business further beyond traditional brokerage services.
When turbulence and market shocks shake clients' confidence, advisors can offer much-needed perspective and strengthen their relationships.
Data analysis reveals how long-term care and medical shocks impact Medicaid enrolment, household wealth, and out-of-pocket medical expenses among retirees.
The crypto exchange giant says the dismissal, which is still pending approval, would "right a major wrong" and pave the way for constructive rulemaking.
The broker-dealer behemoth is addressing demand from high-net-worth advisors and investors with a new partnership, while deepening its collaboration with SS&C and iCapital.
According to his BrokerCheck report, Roger A. Gallagher was charged last August with two felony counts and he pleaded not guilty to both.
The order weighing on the federal agency's independence could also have implications on enforcement activity, concerned observers say.
Despite a laxer regulatory direction under the Trump administration, the consultancy is warning RIAs against marketing rule and fiduciary standard complacency.
The SEC is reviewing ETF applications and proposed rule changes at various exchanges for alternatives to bitcoin and Ether. Approval for some may be likely, but whether investors want the options is a question.
Evidence showing millions of records of individuals aged 100 or older overstate the real risk of fraud, sources say.
Notes from the January meeting show Federal Reserve officials are staying cautious after 2024 cuts, with several hoping for further progress towards 2 percent.
Gentile and Schneider were convicted of fraud and conspiracy after a seven week trial in federal court in Brooklyn.
Despite the risks, tech leaders say the growth of automation in client meetings could ultimately boost wealth firms' efforts at developing younger advisor talent.
The platform's new feature addresses a gap in traditional DAF giving, bolstering advisors' ability to do tax-efficient philanthropic planning.
