Advisor News

Displaying 26711 results
Morgan Stanley’s wealth unit caught in AML crossfire
WIREHOUSES APR 11, 2024
Morgan Stanley’s wealth unit caught in AML crossfire

The SEC and other federal regulators are reportedly probing the banking giant over its anti-money-laundering and client vetting practices.

By Leo Almazora
The paradox of rising markets
OPINION APR 11, 2024
The paradox of rising markets

Winning new assets should be a core discipline for both wealth and asset managers, even if market gains are boosting their AUM without the hassles of marketing, advertising, or sales.

By Andrew Corn
A broad asset allocation with a commitment to client care
PRACTICE MANAGEMENT APR 11, 2024
A broad asset allocation with a commitment to client care

Advisor believes that market has an upward bias and that this is the best situation he’s seen in almost five decades

By Emily Douglas
LPL lands $500M advisor team in Texas
INDEPENDENT BROKER DEALERS APR 11, 2024
LPL lands $500M advisor team in Texas

The move marks the third practice LPL has recruited from Ameriprise in roughly a week.

By Leo Almazora
Constantly evolving to best serve clients
INDEPENDENT BROKER DEALERS APR 11, 2024
Constantly evolving to best serve clients

Jordan Mayer subscribes to the adapt-or-die mantra – and believes this relentless commitment to improvement sets J.P. Morgan apart

By Emily Douglas
AmeriFlex reaches $11.5B milestone as 2024 provides strong growth
INDEPENDENT BROKER DEALERS APR 11, 2024
AmeriFlex reaches $11.5B milestone as 2024 provides strong growth

The firm added 16 advisors managing $1.9 billion in the first quarter.

By Steve Randall
Ameriprise picks up $2B credit union unit from LPL
INDEPENDENT BROKER DEALERS APR 11, 2024
Ameriprise picks up $2B credit union unit from LPL

The mover is the wealth management division of one of the largest US credit unions.

By Steve Randall
Goldman Sachs loses another long-term senior leader
INDEPENDENT BROKER DEALERS APR 11, 2024
Goldman Sachs loses another long-term senior leader

FT reports that the firm's global treasurer is to join Millennium.

By Bloomberg
A risky career for show biz clients
PRACTICE MANAGEMENT APR 10, 2024
A risky career for show biz clients

‘Save first and then establish ... lifestyle second,’ advisor tells her clients in the entertainment industry

By Josh Welsh
Don’t repeat 2016 fiduciary rule mistake, NAIFA urges DOL
REGULATION AND LEGISLATION APR 10, 2024
Don’t repeat 2016 fiduciary rule mistake, NAIFA urges DOL

'Real-world experience' shows impact of fiduciary standard on Main Street investors, advisor association warns.

By Leo Almazora
The last-minute IRA dash before Tax Day is real
RETIREMENT PLANNING APR 10, 2024
The last-minute IRA dash before Tax Day is real

Contributions to IRAs are up significantly this season for the 2023 tax year, according to Fidelity.

By Emile Hallez
LPL's Atria deal poses complexities: Report
INDEPENDENT BROKER DEALERS APR 10, 2024
LPL's Atria deal poses complexities: Report

Atria's financial advisors might be getting M&A 'whiplash,' one recruiter notes.

By Bruce Kelly
Stride’s portable benefits push expands to Utah
RETIREMENT PLANNING APR 10, 2024
Stride’s portable benefits push expands to Utah

Through key state legislation, the fintech firm has secured strong support for its pioneering benefits program.

By Leo Almazora
LPL lands $300M team in Kentucky
INDEPENDENT BROKER DEALERS APR 10, 2024
LPL lands $300M team in Kentucky

The advisors from Ameriprise are joining the broker-dealer's network with their own independent practice in Louisville.

By Leo Almazora
Cetera successfully rolls up its advisor businesses
INDEPENDENT BROKER DEALERS APR 10, 2024
Cetera successfully rolls up its advisor businesses

With a leaner organization, the broker-dealer is funneling cost savings from its streamlining effort into more support for advisors.

By Leo Almazora
UBS could face higher capital rules under Swiss reforms
WIREHOUSES APR 10, 2024
UBS could face higher capital rules under Swiss reforms

The bank's shares fell on the news that the government wants systemically important Swiss banks to hold significantly more capital against foreign units.

By Bloomberg
UBS CEO's compensation elicits concern from Swiss finance minister
WIREHOUSES APR 10, 2024
UBS CEO's compensation elicits concern from Swiss finance minister

Sergio Ermotti, who has been leading UBS' integration of Credit Suisse, was paid $16 million for his first nine months on the job.

By Bloomberg
Tech tie-up aims to streamline wealth management data challenges
FINTECH APR 10, 2024
Tech tie-up aims to streamline wealth management data challenges

Surge Ventures is launching a new industry-focused data integration platform.

By Steve Randall
Digital investment platform Linqto to list on Nasdaq via SPAC
EQUITIES APR 10, 2024
Digital investment platform Linqto to list on Nasdaq via SPAC

The transaction values the firm at $700 million and will drive growth.

By Steve Randall
‘The best is yet to come’ for AI
FINTECH APR 09, 2024
‘The best is yet to come’ for AI

Broadridge survey finds 75 percent of firms are confident about their tech offerings.

By Josh Welsh