Locked out of their offices and told to stay home, employees at the Consumer Financial Protection Bureau have asked the courts to intervene as Elon Musk and Republican leaders move to shut down the agency that was established to protect people from predatory lending and financial scams.
Research reveals a third of investors uncertain they can retire where they live, with deeper doubts among those in high-tax and high-cost areas.
Fintech platform interVal has also introduced a new feature to help advisors support entrepreneurial business owner clients better.
Along with greater revenue, alternative investments also carry risks, one industry lawyer noted.
While the regulator's lawyers may be exempt, a federal effort to purge workers is causing uncertainty across its broader employee base.
National Securities Corp. sued the advisor in 2020, alleging breach of contract and unjust enrichment.
The hybrid RIA is the latest firm to face allegations that it enriched itself at customers' expense by paying unfairly low interest rates in its cash sweep programs.
The clearing and custody giant is kicking the tires on new cash sweep plan with broker-dealer clients.
LPL Financial welcomes a $345 million investment and planning team from Ameriprise as RayJay's employee advisor arm adds a seasoned Well Fargo breakaway.
With a new suite of health and benefit services, the company has moved well beyond its beginnings as a retirement plan record keeper.
UBS is looking to boost the firm’s bottom line even as some financial advisors search for greener pastures.
The agency moved its key man driving actions under former chair Gary Gensler as new leadership works toward more constructive crypto regulation.
Cetera welcomes a veteran retirement advisory team while Commonwealth adds an independent-minded advisory in Manhattan.
The Virginia-based firm adds the team from The Investment Center as it hails a record year of growth and advisor additions.
Collaboration boosts capabilities for client account management.
Offering subscription-based services can bring in additional revenue, but advisors must also keep state and federal regulators' compliance expectations in mind.
Orion surveys reveal how advisors' tech investments could be a make-or-break factor for retaining millennial clients.
Alternatives are quickly becoming a mainstream allocation in wealth management.
The wealth tech platform providers are looking to reach more advisors and firms with key leadership additions to their respective leadership teams.
In a move that risks slowing down enforcement, staff must reportedly first get a thumbs up from the commission's newly installed Republican-led leadership before formally undertaking investigations.
