Florida-based adviser Scott Jay Matalon was fired from RBC after facing charges of kidnapping, domestic battery and false imprisonment.
One option for advisers starting an RIA is to outsource in one fell swoop such responsibilities as custodial relationships, tech stack design and integration, client billion, tamp solutions and marketing expertise.
The company at the center of this year's meme stock frenzy will market 55 million shares for $38 to $42 each, according to a filing with the SEC.
This month's #AdviserTech roundup includes SmartAsset’s achieving unicorn status, Broadridge acquiring AdvisorStream, and Principal shutting down RobustWealth.
Boston Family Advisors has a narrow focus on wealthy families that have most of their assets invested in private equity and venture capital.
The switch in the compensation model will arrive silently, via death from a thousand cuts.
With a total of $300 million in funding in a matter of months, the robo-adviser has grown employee head count to over 250 and AUM to $4.5 billion.
The bank, with almost 260,000 employees, will start calling workers back to the office on Sept. 7, a process that will continue through October, according to an internal memo.
Advisers could provide guidance that would last a lifetime — whether players go pro or into the workforce. But tapping into the market is a challenge.
Direct indexing has become a powerful tool for advisers, while combining growing investor interest around value-based investing and advancements in technology.
He replaces Peter Driscoll, who is leaving the agency after heading the examinations division since January 2017.
For firms like Morgan Stanley and Raymond James, welcoming employees back to the office, after more than a year of remote work, will require flexibility and an open mind.
Merrill Lynch reported a 6% dip in adviser head count and said that 80,000 clients are now using its self-directed investing platform.
The Alternatives Exchange will provide curated UBS and iCapital alternative investment products to the 106,000 advisers on Envestnet’s platform.
Bain Capital took a minority stake in Carson, one of the largest registered investment advisers in the country with more than $17 billion in assets.
The training is designed to help retirement plan advisers evaluate environmental, social and governance investing opportunities.
Here are 11 steps advisers looking to transition a business should consider to be the bare minimum it takes to find a buyer and close a deal.
The Kestra settlement and other recent ones demonstrate the SEC’s concern is extending to revenue sharing.
The bank saw a net increase of 109 financial advisers in the five years from 2016 to 2020, according to InvestmentNews Research.
The bank's new offering puts it into competition with robo-advisers, discount brokerages and some big-bank peers.
