If advisors who have less than a certain ownership threshold are free to leave an acquired firm, it could give buyers pause.
Rose Palazzo, currently the head of MoneyGuide, will assume Leal's duties as group president of Envestnet Financial Planning.
The executive, who was once considered a potential CEO candidate, is leaving after a 28-year run.
While divorce is a sad fact for families, it gives financial advisors the chance to prove their worth over a short, intense period.
Finra has made a 'preliminary decision' to recommend some type of disciplinary action against James Iannazzo, according to BrokerCheck.
Advisors should encourage clients to take an honest look at where they are in life, assess their priorities, reflect on their values, and align it all to their goals.
Philanthropic goals are prompting women to become more involved in family asset management.
The proposal would bar employers from entering into or enforcing such clauses and require companies to nullify any existing ones within six months.
Lee plans to focus on advancing the FPA's mission of title protection for financial planners.
The same Fed policy that hurt fixed income last year is likely to make it the ballast for portfolios for the year ahead.
Steady guidance can calm consumers’ fears — and emotional reactions — around inflation and market volatility.
It's up to the industry to explain to potential recruits how advisors make a living.
The firm is required to pay a $50 million fine and spend $50 million to improve compliance over two years.
Here are three areas that wealth management firms should be monitoring to avoid taking the kind of reputational hit the airline just suffered.
The ever-growing number of items that compliance officers and teams must monitor has made tracking regulatory compliance disclosures more complicated than ever.
Critics say the measure's due diligence and monitoring requirements for third-party providers of portfolio management and other services are unnecessary given advisors' fiduciary duty.
The regulator's penalties averaged $247,000 per firm, according to an InvestmentNews tally.
It isn't just a matter of identifying clients who are interested, but of removing whatever obstacle is keeping them from investing.
Mary Beth Franklin, who launched her final career phase as a weekly columnist in 2012, will continue writing a monthly column for InvestmentNews.
Morgan Stanley was penalized for failing to catch excess sales charges and fees from mutual fund transactions between 2015 to 2021.
