The company was already targeted in another class-action case over the target-date series and managed account options in its plan
The challenges of the pandemic were magnified by the implementation of the SEC's Reg BI
Big mergers can lead to headaches for broker-dealers.
The online trading platform’s popularity has skyrocketed over the last several months, but its fast growth has also generated increased regulatory scrutiny
The managed-account service will stand out in the marketplace because it will be embedded in Vestwell’s technology, rather than located away from a record keeper and within an investment manager’s system, a detail that will help the firm compete on cost
Firm veteran Mandell Crawley takes new job; Elizabeth Dennis will succeed him as head of private wealth management
The deal follows other major announcements, including the purchase of Compass Financial Partners and a majority stake acquisition in Sageview Advisory Group
Dale Kramer opens an indie shop, Kramer Wealth Strategies, in upstate New York
Given all that happened last year, many advisers are coming up with different metrics for success in 2021
Final judgment also finds Barry F. Connell liable for restitution, which he repaid in criminal case
There's nothing worse than workaholic leaders gumming up the works because they won’t delegate
Clients are curious about the recent boom in cryptocurrencies, but volatile performance records are keeping some advisers on the sidelines
Consolidation has been a theme of late in the retirement plan adviser world, and private equity has increasingly poured money into the space, which has helped push valuations to high points, leading to ample selling opportunities for adviser firms
Effort would move the fourth-largest U.S. bank a step closer to emulating some of its biggest rivals
Four years ago, a financial adviser got a call from a prospect who did not want to disclose any information over the phone. At the in-person meeting, the woman and her husband told the adviser that she had won a $1.2 million jackpot.
Arkansas and Michigan become the latest states to adopt the National Association of Insurance Commissioners model rule
Foursome creates Campbell Johnson McGiboney Wealth Advisors in Franklin, Tennessee
The commissioner had been counsel to Senate Banking Committee prior to joining the commission
The sanction addressed failures to maintain proper oversight of advisers, which included a Ponzi scheme, according to the regulator
Ongoing consolidation has been good for some aggregator firms, but others are being left out.
