Americans paying the caregiving tax – including members of Gen X and Millennials – are sacrificing long-term security.
Wealth.com and Shaping Wealth have also tapped other industry heavyweights to beef up their own advisory boards.
The presiding judge stressed his "gravely serious" acts contributing to the far-reaching fraud at the family office but credited him for cooperating with US authorities.
The veteran who built Merrill Lynch's retail business from the ground up will bring that experience to support growth across Stifel's advisory, asset management, and investment banking businesses.
The partnership aims to develop a globally scalable custody and clearing solution for advisors and the clients they serve.
Atlanta Fed President Raphael Bostic published an essay on inflation risk and said that evidence of a weaker labor market warrants a single quarter-point rate cut this year.
Report reveals increased focus on funds with built-in income features.
After a two-year period of inversion, the muni yield curve is back in a more natural position – and poised to create opportunities for long-term investors.
Meanwhile, an experienced Connecticut advisor has cut ties with Edelman Financial Engines, and Raymond James' independent division welcomes a Washington-based duo.
Osaic has now paid $17.2 million to settle claims involving former clients of Jim Walesa.
Oregon-based Eagle Wealth Management and Idaho-based West Oak Capital give Mercer 11 acquisitions in 2025, matching last year's total.
Osaic-owned CW Advisors has added more than $500 million to reach $14.5 billion in AUM, while Apella's latest deal brings more than $1 billion in new client assets.
The up-and-coming Los Angeles-based RIA is looking to tap Merchant's resources to strengthen its alts distribution, advisor recruitment, and family office services.
US wealth advisory business will get international footprint boost with new tie-ups.
New research shows physicians start their careers at least $200K in debt.
By listening for what truly matters and where clients want to make a difference, advisors can avoid politics and help build more personal strategies.
JPMorgan and RBC have also welcomed ex-UBS advisors in Texas, while Steward Partners and SpirePoint make new additions in the Sun Belt.
The two firms violated the Advisers Act and Reg BI by making misleading statements and failing to disclose conflicts to retail and retirement plan investors, according to the regulator.
Elsewhere, two breakaway teams from Morgan Stanley and Merrill unite to form a $2 billion RIA, while a Texas-based independent merges with a Bay Area advisory practice.
Analysis of four-year data shows average account balances nearly doubling among steady savers, with younger workers seeing the largest percentage growth.
