Smart devices and programs are giving way to demand for simplicity.
Finra's just-released regulatory and exam priorities for the new year include an unusual directive that brokers act in the best interests of clients regardless of current rules.
New efforts pave the way for the firm to enter more major cities and double revenue, says founder Joe Duran.
Vast majority of advisers expect the U.S. economy — and their own businesses — to keep on humming.
Bank of Montreal strikes while the metal is hot.
In today's <i>Breakfast with Benjmain</i>, looks might help money managers land more assets, but they also tend to underperform. Plus: Darryl Strawberry's contract balance goes to the highest bidder, Florida investment manager charged with bilking $17M from clients, and a hedge fund manager uses proper etiquette after losing his clients' money.
The small financial services empire of Daniel Thibeault, a well-known asset manager arrested earlier this month on charges of securities fraud, continues to unravel as the board of trustees of his fund moved to distance itself from him.
Plus the rest of Tuesday's <i>Breakfast with Benjamin</i>: Daniel Thibeault's missteps make the case for due diligence, U.S. economy magically defies gravity among global economies, and tax strategies that it isn't too late to employ
When the president delivers his State of the Union address tonight, he will make proposals that could change the basic assumptions advisers rely on for wealthy clients. <i>(See also: <a href="http://www.investmentnews.com/gallery/20141231/FREE/123109998/PH" target="_blank">13 crucial state tax changes</a>.)</i>
On Monday's <i>Breakfast with Benjamin</i>, the U.S. economy reclaims the post of global growth engine, though the Federal Reserve remains all quiet on the rate hike front. Plus: How to invest when a rosy jobs report hurts stocks, Goldman picks a list of losers, and millennials go home for financial advice.
Goss Wealth Management switched firms as it hopes to build out a 'wirehouse lite” in the Gulf South region
Friday's <i>Breakfast with Benjamin</i> covers oilfield job cuts coming hard and fast now that the oil boom is sinking. Plus: Ohio-based financial adviser charged in Ponzi scheme, movie industry hopes the Oscar nominees can drive ticket sales, and the time might be perfect to start buying stocks.
Coming off a 41% rise in quarterly profits in its wealth unit, Wells Fargo could be interested in an acquisition. Mason Braswell reports.
The budget increase the SEC received from Congress is “insufficient” to significantly boost investment-adviser examinations, according to an SEC official charged with representing retail investors.
Sources say Stanley Gregor, who helped build Cantor Fitzgerald Wealth Partners, is leaving almost two years after the unit's launch.
Index will mainly act as a benchmark for the universe of six dozen individual BDCs until an investible version is created.
Parent of RIA Mariner Wealth Advisors wants to hire up to 160 employees over the next six months.
Platforms, popular with RIAs, post tremendous growth for firms, fund managers.
Shifting oversight of more RIAs from the SEC to states would increase exam coverage at less cost than establishing third-party reviewers, according to a new report. <i>(See also: <a href="//www.investmentnews.com/article/20131030/FREE/131039989"" target=""_blank"" rel="noopener noreferrer">After 'the switch' in 2012, state regulators pounced</a>)</i>
