Several states will once again be pressing for the establishment of new state-run auto-IRA programs during their legislative sessions this year.
The deal for Dubuque-based Heacock & Jones Financial Services is Wealth Enhancement Group's sixth acquisition this year.
Nate Carlon is based in Scottsdale, Arizona, and operates as Carlon Wealth Advisors.
The firm disclosed the investigations last year, and said it faces potential civil liability from allegations that it caused stock prices to drop before completing a block trade.
The number of finance and insurance jobs in Dallas has surged 33% in the past decade, more than double the national average.
Independent broker-dealers managed to overcome the stock market’s slide last year with help from rising rates. Here’s a list of the firms that grew most rapidly.
Legislation recently approved by a House committee would deem the clients of investment advisors to be accredited investors.
Meanwhile, over the past decade, the top 25 firms have essentially doubled the amount of revenue they generate.
The Transamerica study shows 95% of workers value health insurance as an important benefit, but only 63% of employers offer it to their employees.
The firm will fold the $70 million of assets it bought from Community Capital Management into its first ETF, an ESG-focused product, which it recently launched with acquired assets.
The welcome news for financial advisors in the report is that valuations for firms aren't necessarily based on how they choose to do business.
Nesvold is exiting Raymond James to take on an expansive new role at Cresset's $30 billion platform.
Sonnen, founder of consulting firm PFI Advisors, will work on improving Coldstream's back-office operations.
The head count reductions, which are the bank’s second round within six months, will spare wealth management teams, including advisors.
The downgrade reflects S&P’s expectation that CI will operate with debt of 4 to 5 times EBITDA over the next year.
The failed bank, which had about $290 billion in wealth management assets, will increase JPMorgan’s reach to high-net-worth clients in what it deems attractive locations.
If clients are holding NFTs in their individual retirement accounts, review them to see which tokens are acceptable assets and which may be deemed a collectible under IRS guidance.
The SEC's current definition of small advisors is 'antiquated,' which means the agency's regulations are not properly calibrated for such firms, the Investment Adviser Association said.
The firm allegedly failed to supervise Joseph Crespi, whose trading activity prompted 135 internal alerts over 12 months, according to the office of Massachusetts Secretary of the Commonwealth William Galvin.
Meanwhile, any recent recruiting deals First Republic had struck with advisors will remain in place now that the bank has been acquired by JPMorgan Chase.
