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Edward Jones picks up experienced $289M advisor from Charles Schwab
BROKER DEALERS SEP 26, 2023
Edward Jones picks up experienced $289M advisor from Charles Schwab

The advisor was with Schwab for 14 years following a military career.

Inflation is forcing some Americans to forego medical treatment
RETIREMENT PLANNING SEP 26, 2023
Inflation is forcing some Americans to forego medical treatment

Millions of people are likely already struggling to pay medical bills, report reveals.

Is private equity taking too many risks with debt structure?
INDUSTRY NEWS SEP 26, 2023
Is private equity taking too many risks with debt structure?

Some investors are concerned about industry and even financial system risk.

UBS hires trading veteran for US execution hub
INDUSTRY NEWS SEP 26, 2023
UBS hires trading veteran for US execution hub

The unit helps asset managers and hedge funds outsource trading desks.

Morgan Stanley says luxury industry heading for downturn
INDUSTRY NEWS SEP 26, 2023
Morgan Stanley says luxury industry heading for downturn

Wall St. firm says demand for luxury items is set to slow.

All Schwab’s bond ETFs now cost just 3 basis points
MUTUAL FUNDS SEP 25, 2023
All Schwab’s bond ETFs now cost just 3 basis points

The company is cutting fees on two fixed-income exchange-traded funds.

The DOL's ESG rule survived in court. Does it matter?
OPINION SEP 25, 2023
The DOL's ESG rule survived in court. Does it matter?

It could take a while for ESG to become more widely available in 401(k)s, even if the political focus on it dies down.

Debt levels, economic concerns forcing Americans to make tough choices
PRACTICE MANAGEMENT SEP 25, 2023
Debt levels, economic concerns forcing Americans to make tough choices

A Thrivent survey finds 53% of respondents would take a job working harder and longer hours to make and save more over making less money, but having more free time to do what they love.

Webinar for RIAs discusses annuities, retirement planning
RETIREMENT PLANNING SEP 25, 2023
Webinar for RIAs discusses annuities, retirement planning

The RIA LABS event looks at longevity risks and various products that can be used.

SEC fines Deutsche Bank subsidiary $19M for not keeping ESG promises
PRACTICE MANAGEMENT SEP 25, 2023
SEC fines Deutsche Bank subsidiary $19M for not keeping ESG promises

'The industry deserves to have the scrutiny that’s being placed on it,' says Ethan Powell, founder and CEO of Impact Shares.

LPL recruits $260 million group focusing on 403(b) plans
RETIREMENT PLANNING SEP 25, 2023
LPL recruits $260 million group focusing on 403(b) plans

The diverse practice in Albuquerque, New Mexico, is led by financial advisor Angelo Burns.

The money value of spending time with clients
OPINION SEP 25, 2023
The money value of spending time with clients

Advisors spend twice as much time on investment activities than anything else, which means they could be missing out on important opportunities.

Vanguard plans first new actively managed ETFs in two years
MUTUAL FUNDS SEP 25, 2023
Vanguard plans first new actively managed ETFs in two years

Both new products would focus on the fixed-income market.

Planning for retirement? Here’s what you should know
RETIREMENT PLANNING SEP 25, 2023
Planning for retirement? Here’s what you should know

Advisors gives retirement advice ahead of RIA LABS webinar.

Nominations for Best Places to Work end Friday
INDUSTRY NEWS SEP 25, 2023
Nominations for Best Places to Work end Friday

Now in their seventh year, the awards highlight winning workplace cultures.

Future Proof plants its flag in the advisor industry event circuit
INDUSTRY NEWS SEP 25, 2023
Future Proof plants its flag in the advisor industry event circuit

In its second year, the beachside conference attracted almost 3,000 attendees, nearly double last year’s attendance.

Americans’ financial Independence Day takes decades, NCSU study reveals
INDUSTRY NEWS SEP 25, 2023
Americans’ financial Independence Day takes decades, NCSU study reveals

Millions of Americans will be relying on mom and dad for material support well into adulthood.

NFP acquires Divergent Wealth Advisors
RIAS SEP 25, 2023
NFP acquires Divergent Wealth Advisors

$675 million team headed by ex-Morgan Stanley alumni helps firm build presence in the West.

Wells Fargo attracting advisors to fast-growing indie channel
WIREHOUSES SEP 25, 2023
Wells Fargo attracting advisors to fast-growing indie channel

The Wall Street firm wants a bigger slice of the wealth management pie.

Are US consumer stocks facing shocks?
INDUSTRY NEWS SEP 25, 2023
Are US consumer stocks facing shocks?

Morgan Stanley's prominent equity bear says consumer spending will ease.