Cambridge says it is prepared to defend itself against the SEC's allegations.
Narrowing the clients you work with, as well as the types of products and services offered, allows you to develop a level of expertise within a subset of clients.
The addition of Pilkington Financial and Planning Resources in Colorado and Summit Financial in California brings AmeriFlex's total assets under administration to more than $5.6 billion.
The three advisers operate as RCC Wealth Management in Spartanburg, South Carolina.
Co-founder Eric Ervin, who's taking over as CEO, alludes to the 'stresses of dual leadership' in an email to investors.
The SEC is probing Citigroup Global Markets Inc. and other firms over communications sent over unapproved electronic messaging channels.
The business group formerly known as the Global Family Office is being folded into a larger unit in an effort to link the bank's work serving billionaires more closely to its investment banking business.
Advisers are matched with an administrative person who acts as a part-time staff member for the duration of a six-month agreement.
In the course of working with clients on financial planning, some are comfortable enough to talk about parts of their personal lives.
Jake Northrup caters to upper-income clients who don't subscribe to a 9-to-5, work-till-you're-65 mindset.
Small to midsize wealth management firms are more likely to purchase third-party tools than their wirehouse counterparts.
In December, the SEC and CFTC imposed $200 million in fines on JPMorgan Chase over messaging apps.
If you're thinking of selling, you should be considering factors like the rate at which your firm is growing, your relationship with your employees, the age of your clients and the state of your tech stack.
Financial services companies recognize Black History Month, and DiversityQ has guidance for being a better ally.
The precious metal is up 4.3% this year, which compares to the 11% drop in the S&P 500 Index.
While the Covid-19 pandemic brought financial challenges for many Americans, African Americans and people of color faced more financial emergencies with fewer economic resources.
Financial markets are reacting to Russia's invasion of Ukraine, while market watchers dissect the bigger picture.
A solo adviser, along with seven staff members, runs the First Community Credit Union program in Houston, which had been affiliated with CUNA Brokerage Services.
Only a small proportion of the financial services industry includes women and minorities, something the organization would like to change.
The Financial Planning Association says its members increased the hours they spent providing services to at-risk populations by 18% last year.
