Flood Financial Services switches broker-dealer and RIA platforms.
Developed by Entreda, the platform will ensure every computer and mobile device is secure when accessing client data.
The move is intended to cut compliance costs for firms as well as make the registration and disclosure process more efficient.
New York State Court of Appeals scales back $11 billion lawsuit against Credit Suisse.
Both companies are said to be developing target-date funds with this focus.
Kara Murphy never thought she'd end up on Wall Street — or be in one of the World Trade Center towers attacked on 9/11.
Plan sponsors are left out of the equation because they don't appear to fall within the definition of "retail" investor, legal experts say.
Will try to determine whether more than 2,000 retirement plans are abandoned.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
At investor town hall in Atlanta, the agency's head urges clients to press advisers on fees
SEC says firm employees misled customers into overpaying for RMBS debt.
Firm betting tech will increase wallet share and move brokers towards financial planning.
'There is a huge opportunity for Aladdin to be the language of portfolio construction,' said BlackRock COO Rob Goldstein.
The proposed best-interest standard applies only to 'retail customers,' a definition that seems to omit broker recommendations to retirement plans. RIAs, though, are still on the hook.
The sale would keep the platform in the LPL network, and could be used as a way to lure retirement advisers away from Independent Financial Partners.
Financial advisers should be explaining how they can help clients, rather than pushing products on them.
This month's edition kicks off with the buzz from the Envestnet Advisor Summit.
For different reasons, each says client-relationship-summary disclosure is flawed.
The mutual fund giant was the largest shareholder of American Realty Capital Properties Inc. when it reported inflated financial results because of a $23 million accounting mistake.
Despite shifting tones from presidential administrations, advisers can still safely apply ESG factors in investment decisions.
