The father-son pair, David and Paul Gwidt, will operate as Gwidt Wealth Management Group in Racine, Wisconsin.
Lucas Mijares and Jesse Ettlin are launching Zion Capital Wealth Management in Grass Valley, California, and aligning with Mariner Advisor Network.
The bank's shares fell as much as 25% to hit a record low in European trading after the remark by the chairman of Saudi National Bank.
The trade association is trying to insert language into capital formation legislation that would deem investors accredited if they work with a fiduciary advisor.
The rating agency cites the positive impact of the firm's deal to acquire the wealth management business of Securian Financial Group.
Amid persistent inflation, plan participants might benefit from being able to invest in real assets, says Schroders' Adam Farstrup.
Founder of the eponymous discount brokerage has seen his wealth drop more this year than any other US billionaire.
Rivent Partners has carved a niche at the intersection of affluence and social programs.
Keeping tabs on texts and messaging has been difficult for the industry, and fines have been mounting.
The bank has been investing heavily in its wealth management group for more than a decade.
Financial advisors look for creative ways to keep client cash accounts from going over the $250,000 limit on FDIC coverage.
The firm says it has sufficient liquidity to handle any volatility and that more than 80% of deposits are insured by the FDIC.
If you’re not paying close attention to ensure that your clients’ cash is safe, you’re ignoring your fiduciary duty.
Nick Lalonde is launching Third Act Wealth Management in Dallas.
The unit has $17 billion in client assets, which includes high-net-worth clients the bank acquired with its 2021 purchase of Boston Private.
Shares of regional lenders started the week by selling off, with First Republic down 67%, after Friday's collapse of SVB Financial and Signature Bank's seizure by regulators over the weekend.
The FDIC aims to find buyers for the bank's units to enable it to return as much of clients' money as possible.
Cetera Advantage(k) GPS is designed for small and midsize businesses and available only through advisors affiliated with Cetera.
The biggest sustainable fund manager in the country is preparing to launch several more products.
See how much brokers earn on sales of various products at 43 independent broker-dealers, according to data the firms provided to InvestmentNews Research.
