Seven financial advisers with CPC Financial Planning in Pennsylvania make move.
Regulator proposes allowing people with some professional financial certifications, such as Series 7, 65 and 82 licenses, to qualify as accredited investors
Firms that don't have a track record of beating the market or can't offer a diverse range of investments may be left behind.
Passive strategies such as ETFs are benefiting as investors bail on active managers after years of underperformance.
Managers have been snapping up trades like TIPS as a cheap hedge against disruptive inflation in 2020
Clearing powerhouse will support more than 70 fee-based annuities from 18 carriers. ​ 
The group will focus on advising clients with up to $10 million in net worth.
Startup has spent the past 12 months retooling the product after a botched launch.
The MicroSectors Cannabis 2x Leveraged ETN will charge 95 basis points.
FOMC says current monetary policy is "appropriate to support sustained expansion of economic activity."
