The pilot, Jeffrey Weiss, had been a financial adviser with Raymond James & Associates in Houston.
After the Blackstone Real Estate Income Trust and the Starwood Real Estate Income Trust limited redemptions, the SEC reached out to both firms to try to understand the events.
It sounds odd, since delayed retirement credits stop accumulating at age 70, but intentional late filing for benefits can shift income into the next tax year.
Almost one in three Americans say their finances are in worse shape now than at this time a year ago, up from the 19% who felt that way in 2021.
An LPL presentation on the return on various types of assets shows the age of advisory assets and fees has arrived in the broad financial advice industry.
Offerings of the obscure, yet historically significant, financial product have been popping up in the global retirement marketplace of late.
CFP Chair Kamila Elliott said the current political environment would make it too difficult to obtain legal recognition of financial planning.
The defendants allegedly disseminated false and misleading information to their collective 1.5 million Twitter followers to hype interest in certain securities while secretly planning to sell shares at artificially elevated prices, the DOJ charged.
The firm used two locations to store phone records, which caused a confused response to Finra document requests in investigations, according to the regulator.
The agency laid out four proposals that Chair Gary Gensler says would boost transparency and competition.
Anti-greenwashing proposals are already having an effect, results of a US SIF survey suggest.
Falling markets are cutting firms' revenue tied to AUM at the same time rising interest rates are making it more expensive for buyers to finance deals.
This month’s highlights include Savvy Wealth’s $11 million funding round to enter the realm of tech-enabled RIAs, along with DPL Partners’ new adviser-matching solution and InvestCloud’s Advisor Connect solution.
A PSCA study shows plan participant and employer contribution rates in 2021 combined to produce an average savings rate of 13.9% of pay, an all-time high.
The money pouring into digital assets has attracted the attention of criminals.
Using Unifimoney's tech and Apex's custodial platform, community financial institutions can add digital wealth management to existing online banking services.
But they need to be aware of stepped-up regulatory scrutiny of complex products, an expert tells advisers at the Financial Planning Association annual conference.
Advisers need to create an ‘ideal client’ description, grade their clients and eliminate those who aren't the right fit.
With the outlook improving for stocks and bonds next year, the percentage of a nest egg that retirees can safely start withdrawing from savings has increased to 3.8% from 3.3% in 2021, according to a Morningstar report.
Howard Kaplan is affiliating through indie Riegel Financial in Ohio.
