Methodology: InvestmentNews qualified 1,578 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after July 1, 2022, (2) total AUM is at least $100M, (3) managed assets for U.S. household clients during its most recently completed fiscal year, with at least one advisor per 500 clients, (4) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (5) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (6) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (7) provides financial planning services, (8) is not actively engaged in business as a broker-dealer (registered or unregistered), and (9) is not actively engaged in business as a registered representative of a broker-dealer.
Legal challenges to student loan forgiveness programs and data on consumer debt point to a profound reckoning for borrowers.
The SEC chair tells the financial services industry to be careful about describing artificial intelligence to clients and investors.
"This is one of the largest emotional distress damages awarded in Finra’s history,” says attorney.
The perception of capitalism in universities and on social media as a bygone era ignores a fundamental truth: capitalism is not just about economics—it’s about freedom.
The regulator's marketing rule sweep found a raft of violations in the investment advisors' advertisements.
Uncover the key initiatives behind Destiny Wealth Partners’ success and how it became one of the fastest growing fee-only RIAs.
Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success
