The Finra penalty included a fine of $200,000 and restitution to clients of $498,000 plus interest.
Counterintuitively, advisers can instill a sense of calm in clients and attract new clients to the firm by inviting a risk-focused conversation into the room.
The CEO has taken a road less traveled and says she still has many miles to go.
The Federal Reserve's fight against inflation has turned boring cash accounts into top performers.
The subscription-based service’s key feature is its in-app ESG data and rankings, which provides information to retail investors on public companies’ environmental, social and governance practices.
Gaining the CFP designation became the fulcrum for a midcareer pivot, but earning it wasn't easy.
The Dobbs decision threatens uncertainty for many of our clients but it also can bring out our professional best when we help them craft the safeguards they deserve.
The Lucy Shair Foundation for Women in Finance seeks to reduce the gender gap by neutralizing one barrier to establishing a firm of one’s own: lack of seed capital.
It is imperative that we not let women miss out on a profession that can provide purpose, financial stability and a path towards a balanced life.
This is what success looks like: 23 women financial advisers and industry executives who are advancing the financial advice profession on their own terms and 15 employers that have set a higher standard for women in their workforces and for women clients.
In the past two years, American women have had a collective epiphany: They want to trade in their current careers for something different and better.
A little effort delivers big results when firms build on-ramps for women who want to re-enter the workforce.
Practices reported significant gains during 2021. But as markets become more volatile, they’ll need to adapt in order to keep growing. Learn where they should focus their efforts—and capital.
The unsecured convertible notes have a 2.625% annual interest rate and will mature on Dec. 1, 2027.
Customers with less than $20,000 on Betterment will now be charged a $4 monthly subscription rather than a 0.25% AUM fee.
The firm will also increase employees' sick days and bereavement leave, according to an internal memo.
The investment firm has tapped Morgan Stanley's wealth management arm as it seeks to raise $6 billion for its next venture fund.
The state is concerned that fee-for-service financial planners aren't aligning their charges with work done for clients. Michael Kitces said the guidance remains biased toward the AUM model.
Panelists at the Women Adviser Summit in New York City say firms need to rethink how they look for new talent if they're serious about increasing diversity in the industry.
Jay Tini joins Ritholtz from Vanguard, where he was divisional sales manager, for his first job at an RIA.
