The $250 billion RIA aggregator is adding Sonora Investment Management in Tucson, Arizona, and Collins Investment Group in Rockville, Maryland.
How can the financial advice industry know whether its attempts to hire more women, Blacks, Latinos and Asians are working if there is no accurate, unified measure of success or failure?
The deal adds to what is already a record-breaking pace of consolidation in the RIA space, with 100 deals announced in the first six months of 2021.
Sens. Patrick Toomey, R-Pa., and Ron Johnson, R-Wisc., say proxy votes by BlackRock and State Street Global Advisors promote 'left-leaning' ESG priorities over investment returns
The SEC launched its Share Class Selection Disclosure Initiative in February 2018 to target advisory firms that recommended high-fee mutual funds.
The DOL could issue guidance “to ensure that plan participants and beneficiaries with access to a brokerage window are adequately informed and protected under ERISA."
The new feature on the IBD's platform lets advisers use a variety of models within a client's portfolio,
Investors are betting that fiscal and monetary policies will continue to fuel inflationary pressures.
The SEC alleges the firm failed to safeguard clients from Hector May, who pleaded guilty to stealing $8 million from clients and was sentenced to 13 years in prison.
Are your clients concerned about the market? Here’s how to explain economic ups and downs and the importance of a sound retirement plan to help navigate turbulent times.
Eight Kansas reps will affiliate with the independent unit of Raymond James through Beyond Wealth Advisors.
The 529 market can be more difficult to break into than the 401(k) world, which has an abundance of small plans that can be eager to hire fintech providers. States hiring 529 managers aren't likely to consider firms that don’t have track records.
Starting in 2022, the Thrift Savings Plan will offer a new mutual fund window that will include ESG funds.
Finra also censured the firm in connection with privacy breaches that occurred during transfers of new clients.
There will be vast differences, but the fundamentals of the business will be the same, as will the importance of strong relationships and brands.
71% of American adults worry that the program will run out of money during their lifetime and 19% say the pandemic has affected their plans to file for Social Security benefits, according to a Nationwide survey.
Virginia, Maine and Alabama recently adopted rules tracking the model ‘best interest’ measure approved in 2020 by the National Association of Insurance Commissioners.
So far, about 100 advisers, including those from 11 of the 15 biggest aggregator firms, have used the service, which recently began including quotes for pooled employer plans.
The bank is expected to pair OpenInvest with 55ip to enhance its private banking technology platform.
During a crisis, the critical fiduciary success factor is connecting with the client's heart.
