The global firm’s first investment advisory office in Miami will initially cater primarily to high-net-worth clients from Latin America.
With the addition of recruits from Wells Fargo and Raymond James, the hybrid has topped its initial 2024 target of $17B in assets under advisement.
The regulator fined the firms $150,000 each for failures related to protecting thousands of clients’ private information and cybersecurity gaffes.
The Swiss bank has a better wealth management franchise than Morgan Stanley outside the U.S., JPMorgan analysts say.
Top demands vary between millionaires and the mass market.
BofA strategists says $56 billion flowed into US equity funds in week ended March 13.
Ilana Kaufman is reported to have been hired as a portfolio manager.
Advisor who focuses on special needs planning highlights two ‘life changing’ government programs available to those who have a disability.
The broker and Next Financial Group Inc. are on the hook for more than $1 million in penalties.
A surplus had been expected but OPEC+ is set to make further cuts.
Firm is boosting insights offering amid growing demand for exchange-traded funds.
Firm says it can do better than the 'limitations' of other investment platforms.
The firm expanded into the region in 2020 through an acquisition.
The professional body for financial planners says it's making changes to maintain fairness while serving the public’s best interest.
Even though shareholders withdrew their proposals, the company is pressing ahead with its lawsuit, and lobbying groups are supporting it.
'Last year saw bigger Finra fines per case,' a lawyer says. 'Supersized fines, or those of $1 million or more, were up, and mega-sized fines, or those of $5 million and more, increased too.'
EBRI research reveals the benefits of matching contributions, the untapped power of investing balances, and the influence of age on usage.
The national wealth firm is widening its footprint in Omaha as it welcomes a veteran advisor duo.
The Atlanta-based RIA is deepening its Pacific Northwest footprint with a financial planning team from LPL.
RIA focuses on high-net-worth clients using a proprietary platform.
