A major modification to the proposal would allow state regulators to participate in arbitration hearings that determine whether to clear a broker's record of a customer dispute.
The company has already completed 14 deals this year and has an “excellent” pipeline that includes a mix of new partners and merger opportunities, said Focus Financial founder and CEO Rudy Adolf.
The Georgia Court of Appeals ruled 3-to-0 that an earlier decision had not provided a proper basis for vacating the arbitration award Wells Fargo won in 2019.
The life insurance and wealth management company is making its second acquisition in a week by picking up advisory firm Gladstone.
Institutional investors will be able to use BlackRock's Aladdin investment management system to oversee their exposure to bitcoin along with assets such as stocks and bonds.
A new survey shows a majority of adults report overall confidence in their ability to achieve their financial goals despite rising prices.
MGO Investment Advisors joins with One Seven; Merchant Investment takes a minority stake in the new firm.
The state attorney general is looking at whether the company or its Sustainalytics unit violated a consumer protection law or another law that prevents the state from entering into contracts with companies that boycott goods or services from Israel.
This year's slide in stocks and bonds hasn't been pleasant for anyone, but it's been most disheartening for those with kids heading off to college this fall.
Volatile markets may be holding recruiting activity back from its breakneck pre-pandemic pace but mergers and acquisitions have more than rebounded from the 2020 low.
'Tis the season? LPL points to 'seasonality' to explain the slight bump in the rate of adviser pay in Q2.
Among the suggestions for mitigating conflicts are to avoid compensation incentives for selling certain products and to minimize incentives for favoring one type of product or account over another.
The new proposal would give the derivatives regulator direct oversight of tokens that qualify as 'digital commodities.'
BNY Mellon Pershing’s co-head of wealth solutions will serve in the position through 2023.
Boston-based Edelman gets its second deal under its belt and says it's settling in to become a more aggressive buyer of RIAs.
Andreessen Horowitz, nicknamed a16z, hired Michel Del Buono from Jordan Park as chief investment officer.
Dozens of transactions are still being completed every month despite the markets' slide, but they're being structured differently.
The banking giant completes 6-week review of procedures after ‘fake interviews’ fracas.
The initiative effectively extends the online supervision of branch and non-branch operations that Finra allowed during the pandemic.
The addition of Simon brings the total number of asset managers and product manufacturers on the iCapital platform to nearly 300, according to the company.
