Broker-dealer returns to investors the nearly $900,000 it gained by placing clients in higher-cost funds.
Former assistant secretary of labor says the best way to help investors is with a common advice rule.
Small Business Administration loans require that the seller departs the practice entirely within 12 months of closing.
InvestmentNews is excited to announce the launch of a new website showcasing fintech trends for technology-driven advisers.
Social Finance Inc. is planning for takeovers after agreeing to go public in a merger with a blank-check company that values the upstart at around $8.7 billion.
A look back at 20 events that rocked financial advisers and their clients, and helped shape our profession.
Pulling out of the protocol proved to be one part of multipronged strategies by Morgan Stanley and UBS to reduce broker attrition. So far, their plans seem to be working.
Claims his income is going from $300,000 to $91,000 as a result of his tarnished reputation.
Commonwealth Financial's Wayne Bloom says brokers are turning in their Finra licenses and going fee-only
For divorces finalized starting next year, spouses paying alimony will no longer be able to deduct those payments.
Wealth management head Jay Welker, a focus of many complaints, announced plans to retire on Tuesday
Julia Carlson learned to manage her fast-growing practice by spreading responsibility and accountability across the leadership team.
Investor advocates: Agency still has a lot of work to do on Form CRS
Move comes as the bank aims to cut costs by $4 billion
Proposal promotes 'auto-portability' as a way to reconnect plan participants with retirement savings they've left behind.
The business could fetch as much as $1 billion, sources say.
USAA will continue to operate as an insurance brokerage and banking business<a href="https://www.investmentnews.com/article/20170930/FREE/170939998/armed-forces-personnel-need-the-help-of-financial-advisers" style="color:#b10816" target="_blank">​ </a>serving military families.
The lawsuit comes days after an LPL broker filed a similar legal complaint.
IBD's advisers have invested $70 million of client money in PE funds over the past two years.
EvoShare provides workers with credit-card perks in the form of contributions to a retirement plan.
