New SEC measures seek to lower the financial burden of the Consolidated Audit Trail, following years of rising costs and legal challenges.
Elsewhere, Raymond James attracts more Commonwealth teams, Wells Fargo adds nearly $1 billion with UBS and JPMorgan defections, and Baird welcomes a veteran advisor from Edelman.
The Torrance, California-based consolidator's newest strategic minority investment, marking a first for Ares, will help advance the RIA's talent acquisition, M&A strategy, and other priorities.
The fund did not initially win shareholders’ approval during a first round of voting that was tallied on September 4.
Palo Alto firm is the latest fintech to view public listing for next-stage growth.
As private market products surge, experts say standardization and strong partnerships will be crucial to sustainable AI adoption for advisors.
COO says since its summer transition to Cambridge Associates, the hybrid RIA has welcomed several teams representing $634 million in combined client assets.
Almost half in a recent survey called stock plans a "must-have," with equity comp being used to help with retirement, education expenses, and debt payments.
CEO says the top-ranked Canadian bank, which could theoretically scoop up a business as large as Schwab, has several "high-quality wealth franchises" in its sights.
The regulator's impending response to a 2023 application by Dimensional Fund Advisors could open the door to a broader boom of dual share-class mutual fund products.
The leadership styles of women executives speak loud volumes about workforce change, as well as what they expect from a financial advisor.
The Securities and Exchange Commission is inviting feedback on regulatory barriers as it considers changes to revive RMBS and asset-backed securities offerings.
Raymond James also kept its Commonwealth recruitment streak going, while Americana Partners and Pallas Capital Advisors each hired a veteran specialist advisor to boost their offerings.
Surveys from Ameriprise, BMO, and the Alliance for Lifetime Income suggest even Millennial and Gen Z Americans' retirement savings plans are getting delayed as they put family first.
But much of advisors' compensation schedule in 2026 will remain the same as this year.
SEC claims Vukota Capital Management and affiliates breached fiduciary duties and misled investors through undisclosed loans and misleading fund communications.
Market uncertainty and rising costs leave Gen X less confident about their financial future.
Many advisors compete on products or prices, but that’s not enough to attract the best clients. They don't just sell – they show.
Coming from Summit Financial Networks, the newest addition brings $425 million in client assets to the employee-based RIA in North Carolina.
Research reveals a quantum leap in AI's reasoning ability, renewing the debate around the value of human advisors.
