Smaller state advisers want to be able to post client endorsements and quote them in ads when bigger SEC-registered firms get the green light.
Fidelity is increasing its limit for student loan contributions for its employees, and MassMutual is letting people apply vacation time to payments.
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The former broker, Dalas Gundersen, sued Edward Jones in 2015, seeking damages, after three fake gay-sex ads were posted on Craigslist earlier that year listing his business phone number.
While the ProShares Bitcoin Strategy ETF is the first of its kind, there are a host of other versions coming soon. The futures-based strategy could make the tech stock volatility of the 1990s look tame by comparison, according to experts.
Aviva Pinto found her niche when she realized most divorces include a 'non-monied' spouse in search of financial footing.
This month’s #AdviserTech roundup includes Franklin Templeton’s purchase of O’Shaughnessy Asset Management and its Canvas direct index platform; Morningstar’s acquisition of Moorgate Benchmarks; Betterment for Advisors’ shift from TAMP to RIA custodian competitor; and the SEC’s inquiry into when fintech-driven nudges become bona fide investment advice.
Fintech experts say the next disruption could come from out of the blue, and that advisers should avoid embracing tech for tech's sake.
Claims that crypto is 'untraceable' and the 'perfect tax haven' have been exploded. Those who bought into this mythology have to decide what to do.
The new adviser development program is up and running with 750 advisers. Some of the new recruits could be already licensed to sell securities, but don't have a background in financial advice, according to the company.
Gen XYZ investors have been the most likely to drop their financial professionals during the pandemic, according to Fidelity Institutional research.
In July, Charlie Scharf said that indie brokers were 'underutilized.' In the latest quarter, the number of advisers declined 2.1%.
The new offering, called Pershing X, is headed by Ainslie Simmonds and will enable RIAs to outsource almost all of their practice management needs, like client relationship and investment management tools.
The broker-dealer cut ties with Eileen Cure in the wake of allegations of racism on social media. She is now part of a small RIA, Wealth Management of Kentucky.
After recruiting seven teams of advisers in the first half of the year, the bank added just one team over the summer, executives of the firm said on an earnings call.
The addition of Covenant Multifamily Offices expands Captrust's Texas footprint and adds $2.6 billion under management.
In 2020, many firms chose a steady-as-she-goes approach to compensation and staffing levels – but may face a major retention challenge as the “great resignation” wave engulfs America.
Securities and Exchange Commission Chairman Gary Gensler said his agency will determine when digital engagement practices used by online platforms cross the line into investment advice.
The No. 1 reason given for the increase in advisory firm M&A is the desire to create a succession plan. Advisers nearing retirement should consider their alternatives.
The platform, which provides structured notes, annuities and other investments, plans to use the funds to expand its product offerings.
