There is one way to help avoid such litigation in the future, one lawyer says: Get rid of vesting schedules.
A thriving organization, whether it’s a three-person team or large firm, is one made up with people who have complementary strengths and abilities.
Financial advisors are using ERISA to argue they are owed deferred compensation.
The increasingly popular strategy lets people transition socially and financially, advisors say.
'Brokerage firms must broaden their horizons about what’s under scrutiny by regulators and what isn’t,' one compliance executive says.
For those who want to avoid becoming fiduciaries, be wary of the line between education and advice, lawyers warn.
The leading broker-dealer and RIA is adding over $800M in AUM along with a new San Francisco branch office.
'The positive thing about this award is that it is roughly 10 times the net out of pocket losses to the client,' says the client's attorney.
Joining the financial institutions division, the group of advisors and branch professionals strengthens the wealth giant’s presence in Florida.
The financial planning fintech’s latest integration aims to make estate planning more accessible across the wealth spectrum.
New Deloitte report predicts shifts in generative AI could threaten advisors who don’t go beyond transaction-based relationships.
The financial giant is tapping the leading alternatives provider as it doubles down on support for its advisors.
The retirement industry giant is tapping the leading TPA and recordkeeper to service its state-sponsored 529 plans.
The New York-based firm and its CEO made false statements and doctored portfolio data for a fund with positions in China, according to the SEC.
Discriminatory actions at the wirehouse have restricted business opportunities and compensation for African American advisors, alleged four former employees.
With more than six decades of collective industry experience, the advisor duo are coming over from Securities America, a unit of Osaic.
A new study suggests small businesses that use fiduciary-grade advisors pay lower-than-average fees overall, with more reductions for larger plans.
A new bipartisan bill proposes to expand tax credits for small businesses to start offering workplace pension plans.
'We're hearing more horror stories' about clients becoming targets after a data breach, one attorney says.
The regional broker-dealer’s latest addition in northeast Florida extends its 2024 recruiting streak, which has so far brought in over $2B in assets.
