Law firms representing the plaintiffs cite fiduciary failures in moving to in-house funds and high fees for record keeping and managed accounts.
Up until recently, major global firms had happily ignored independent advisers for decades.
Seattle-based Laird Norton Wealth Management is working with Calvert and Parametric to design to equity strategies that emphasize social issues.
Record highs for B-Ds in profits, revenues and assets give the industry much to be cheery about.
The tally is one more sign that there's increasingly little room in retail brokerage for small or midsize firms.
The acquisition marks the third deal for ComplySci in the fourth quarter, in the wake of a strategic investment from K1 Investment Management, a private-equity firm focused on enterprise software companies.
A duo from LPL and two Wells Fargo reps are affiliating with the firm’s independent unit.
Humanity Wealth Advisors sets up shop in California’s Bay Area.
It’s effectively a new market for the retirement plan industry, but it’s an incredibly big frontier.
A full 25% of Gen Z respondents in a new survey say they plan to retire before the age of 55.
Finra found that for 17 years, the firm failed to store 13 million customer records in the required format.
Except for a big investment in real estate, there wasn't that much divergence, a recent survey found.
While 'retirement plan adviser' has been a good description of those who serve ERISA retirement plans, it's actually quite limiting to focus on the plan, rather than the participant.
Medicare high-income surcharges combined with higher Medicare premiums will take a bigger chunk of retirement benefits in the new year.
The bank has launched a number of new credit cards this year, including a low-interest-rate card, and plans a rewards-card line next year.
Rinet executive says $2.2 billion in AUM is no longer enough to be competitive in the fast-consolidating RIA market.
In a move to reduce its reliance on State Street's custody services, BlackRock will shift 40% of the $2.2 trillion in assets to Citigroup, 30% to JPMorgan Chase and 15% to Bank of New York Mellon.
The trade association said the regulator has all the tools and authority it needs through Reg BI. It's also pushing agencies to allow remote supervision permanently.
Amazon Web Services says it has identified the cause of 'increased error rates' and is working to fix it.
The Supreme Court justices hinted at different positions on whether Northwestern did a disservice to participants by having too many options.
