InvestmentNews’ 40 Under 40 project, now in its seventh year, highlights young talent in the financial advice industry. This year’s list includes entrepreneurs with their own advice businesses, leaders in financial planning academia and the youngest FPA president ever
Delivering advice that has little directly to do with market performance has proven to be effective
The deal creates the fourth largest turnkey asset management platform, behind Envestnet, SEI and AssetMark
The 2nd Circuit rules the SEC acted within its authority to set new broker advice standard
The restrictions relate bank dividends to recent earnings, and Wells Fargo's earnings slumped 89% in the first three months of the year
In a letter to a U.S. appeals court, the Department of Labor again argues that the state-sponsored auto IRA is preempted by ERISA
The broker-dealer network added eConsent and eDelivery tools designed with compliance changes in mind
The asset manager is reducing the cost of key iShare funds by one basis point
Finra launched its investigation into 529 sales in 2019
For the first time, individual investors will have direct access to coveted DFA strategies
Less than 5% of participants have taken distributions related to COVID-19, several surveys show
RubinBrown and Wealth Management Advisors combine
After the tragic death of a customer, the investment platform made significant changes. More may need to be done
Bank buybacks are also banned through the third quarter; Wells Fargo seen most at risk for dividend cut
He encountered many questions about the New York federal prosecutor job when he appeared before a House subcommittee to discuss emergency lending amid the pandemic
Only 0.1% of plan assets are in ESG-specific funds, but many, if not most, investment products have integrated ESG criteria
Market Street Group will join the office RBC recently opened in St. Louis
The Talent Resource Center gives advisers access to information on employee retention to succession planning
As part of its effort to strengthen enforcement, the board identified about 1,200 advisers who hold the CFP mark whose conduct merits further investigation
The broker-dealer says it has more than $1 million in insurance to offset the expense
