Protecting investors from fraudulent, misleading or otherwise problematic electronic communications seems to be of the utmost importance to regulators.
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.
Advisory firms are adopting virtual or hybrid programs, or changing the structure of internships to pull in more diverse students and illustrate a wider array of career opportunities.
Warren Anderson, who’s based in Littleton, Colorado, had been affiliated with Schwab since 1999.
The unit, called 23 Wall, is led by JPMorgan veteran Andy Cohen and focuses on about 700 families worth more than $4.5 trillion.
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.
Mike Fanning is retiring after 17 years as the insurer's US head, a period in which MassMutual grew into one of the top annuity providers in the US.
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.
Meaghan Muldoon, who had been global head of ESG integration at BlackRock, started in her new position at BNY Mellon this month.
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.
The upgrade reflects Advisor Group's declining leverage levels and higher net yields on cash sweep deposits, according to the rating agency.
Total fixed annuity sales surged 101% to $70.9 billion in the first three months of 2023, compared with last year’s results.
As Gen X and baby boomer women realize they qualify as philanthropists, new platforms and groups are emerging to equip them with community and context.
Of all the holidays we observe, both real and faux, 529 College Savings Day is the one that counts the most, in our humble opinion.
