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Six-adviser firm managing $240 million switches to LPL
NEWS RIAS AUG 14, 2019
Six-adviser firm managing $240 million switches to LPL

Highlander Financial Group, based in Rockville, Md., is led by a former pro baseball player.

Countdown to catastrophe? The yield curve and the stock market
INVESTING EQUITIES AUG 14, 2019
Countdown to catastrophe? The yield curve and the stock market

The inverted Treasury yield curve signals a recession is coming — but the timing is unclear.

Decision on Bitcoin ETF put off again by SEC
INVESTING MUTUAL FUNDS AUG 13, 2019
Decision on Bitcoin ETF put off again by SEC

Regulator delayed verdict on two applications until October.

How to help clients avoid information overload
YOUR PRACTICE FINTECH AUG 13, 2019
How to help clients avoid information overload

With so much financial data and information circling clients, teaching them what questions to ask is key to literacy.

Stifel to acquire assets of Kansas City-based B-D
NEWS INDUSTRY NEWS AUG 12, 2019
Stifel to acquire assets of Kansas City-based B-D

Acquisition focuses on George K. Baum & Company's muni business.

Vanguard put shares of gun maker in a gun-free ETF
INVESTING ESG AUG 12, 2019
Vanguard put shares of gun maker in a gun-free ETF

Mistake occurred in the FTSE index the ETF tracks; Vanguard says it is considering additional controls.

Ex-Woodbridge Group CEO Robert Shapiro pleads guilty in $1.3 billion Ponzi scheme
NEWS INDUSTRY NEWS AUG 08, 2019
Ex-Woodbridge Group CEO Robert Shapiro pleads guilty in $1.3 billion Ponzi scheme

Faces 25 years in prison for running fraud that affected more than 7,000 investors.

Employer assistance with student loan debt huge lure for millennials
NEWS INDUSTRY NEWS AUG 07, 2019
Employer assistance with student loan debt huge lure for millennials

Recent survey shows 8% of U.S. employers in 2019 offer contribution plans to staff.

OSJ managing $230 million switches to Kestra from Cambridge
NEWS INDUSTRY NEWS AUG 06, 2019
OSJ managing $230 million switches to Kestra from Cambridge

Alpha Wealth Advisors of Glen Allen, Va., will use Kestra's B-D and RIA

Stock market claws back from China blow
NEWS REGULATION AND LEGISLATION AUG 06, 2019
Stock market claws back from China blow

Latest on the Dow and S&P, along with key events to watch out for this week