President Joe Biden plans to nominate Jaime Lizarraga, a senior adviser to House Speaker Nancy Pelosi, and Mark Uyeda, who has spent a chunk of his career at the SEC.
The steady flow of PE money into wealth management illustrates the bullish outlook for the industry's fee-based revenue streams.
The broker, Marianne O'Shee Smith, a 34-year veteran of the securities industry, used $45,100 she had received from three customers, all senior citizens.
Black Americans increasingly turn to newer types of assets, like cryptocurrency, that are less likely to be associated with structural discrimination, according to a study from Ariel and Schwab.
While the financial planning industry clings to the more lucrative asset-based fee model, a steady push toward flat fees is gaining steam.
InvestmentNews is proud to present our fifth annual Excellence in Diversity, Equity and Inclusion Award individual winners and firm finalists. The 15 individuals and 15 firms are superstars when it comes to boosting awareness of the need and the importance of creating a more diverse financial advice profession.
As Brown Capital Management has grown, founder Eddie Brown has also seen his appreciation for being able to 'pay it forward' grow as well.
Here are 5 steps financial advisers can take to promote diversity, inclusion and belonging.
Survivor benefits can continue for those who wait until they're 60 to wed.
The latest study from the financial services firm found that top advice-oriented providers offer fairly comprehensive planning tools, ranging from online advice only to one-on-one human financial advisers who are just a phone call away.
The company has begun adding support for individual retirement accounts and Roth IRAs within its app, as well as pension accounts.
Schwab Personalized Indexing will bring the benefits of direct indexing, like better tax management and portfolio management capabilities, to a wider spectrum of investors and advisers.
J.P. Morgan hired Boaz Lahovitsky from Vanguard in 2020 to oversee the call center and video conferencing program.
Proposed legislation in Kentucky that would tax services including financial planning and investment management could significantly harm the way Kentuckians save and plan for retirement.
Four-adviser Stonebridge Financial Planning Group, which is based in Orlando, Florida, specializes in working with women in transition.
A new survey of some 4,300 financial advisers and students found that a lack of financial assistance was the No. 1 barrier to entry into the industry, with nearly half of the respondents citing finances as a top concern.
The most productive use of an adviser's time is not spending it with current clients, it's attracting new ones.
The risk-analysis platform plans to more than double its bond coverage by adding 800,000 more individual bonds this year.
See the payout grids for 49 IBDs, based on data the firms provided to InvestmentNews Research.
Outside information about investing and markets can unsettle clients, and an important part of the job is encouraging them to tune that out.
