Federal data show reports of at least $100,000 in losses skyrocketed to hit $445 million in 2024.
The fintech firms' latest additions, including veterans from Bloomberg and JPMorgan, come amid rising demand for alternative assets in the retirement space.
Steward Partners adds a $481 million Ohio-based team, while $35.7 billion &Partners expands its reach in Minnesota.
Emerson Equity and its advisor, Tony Barouti, were likely the largest sellers of defunct GWG L bonds.
Stan Gregor, Chairman & CEO of Summit Financial Holdings, explores how RIAs can meet growing demand for family office-style services among mass affluent clients through tax-first planning, technology, and collaboration—positioning firms for long-term success
Chris Vizzi, Co-Founder & Partner of South Coast Investment Advisors, LLC, shares how 2025 estate tax changes—$13.99M per person—offer more than tax savings. Learn how to pass on purpose, values, and vision to unite generations and give wealth lasting meaning
Experts flag potential risks for seniors as headline readings for July obscure higher jumps in key price categories.
A federal court's decision puts fractional life insurance policies under SEC scrutiny, forcing wealth advisors to revisit compliance and sales strategies for alternative investments.
The order from the White House would bend fiduciary principles to benefit the alternative investments industry alone, argues the Institute for the Fiduciary Standard.
A federal judge denied CEO and managing principal James Lukezic's urgent bid to halt FINRA discipline over $1.1 million in trades, putting industry compliance under the microscope.
Industry group IRI hails regulator's reversal as a win for financial professionals, plan sponsors, and retirement savers.
Report suggests strong demand for adding alternative assets to retirement plans.
James Walesa "should have been barred from the industry years ago," one attorney said.
Kristy Smith from Broadridge says advisors who can't adapt risk being left behind.
Three contenders stand out to replace the departed Erika McEntarfer, according to Hal Ratner, who is the head of research for Morningstar Investment Management.
Surveys show continued misconceptions and pessimism about the program, as well as bipartisan support for reforms to sustain it into the future.
With doors being opened through new legislation and executive orders, guiding clients with their best interests in mind has never been more critical.
Meanwhile, Stephens lures a JPMorgan advisor in Louisiana, while Wells Fargo adds two wirehouse veterans from RBC.
Fights over compensation are a common area of hostility between wealth management firms and their employees, including financial advisors.
Plaintiff's lawyers are eying both broker-dealers for potential client complaints.
