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Chief Investment OfficerMomentum AdvisorsJune 29
PresidentProcure HoldingsJune 24
Amy Cooper, who was fired from her job as head of insurance investment, could face up to one year in jail, three years of probation or a $1,000 fine.8h ago
Jacob Gottlieb, whose $8 billion fund shuttered amid an insider trading scandal two years ago, received a $150,000 to $350,000 loan for his new shop.9h ago
Some advisors have questioned the ethics of taking the loans, intended to help small businesses keep their employees on payroll.July 6
The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.July 6
“Time is quickly running out for these taxpayers," IRS Commissioner Chuck Rettig said in a statement.July 6
Data, Research & Multimedia
Those who don’t pay them back could lose up to 45% of their potential savings.
Wealth management firms should define success by how well their operations perform under pressure, Kestra Financial COO Kris Chester says in an episode of Financial Planning’s podcast.
For the first time, the ranks of the top 25 firms according to their annual business include single entries for IBD networks.
The number of pending sales dropped annually in 17 of the top 35 metro areas, data show.
Billion-dollar teams are voting with their feet. Here’s where they are going.
400 advisors, $26B in client assets: Massive breakaway RIAs show competitive recruiting fight in indie channel
LPL has reeled in about half of the reps changing their BDs so far this year, but the full RIA channel is also reaping big gains. Plus, other news in the indie space.
Here's how the largest groups have fared during unprecedented market activity.
The funds had posted gains over the past decade, but have suffered losses amid this year's coronavirus-driven volatility.
"It's now June and if you’ve been on a deserted island for the last five months you couldn’t have fathomed the movements we’ve seen," an expert says.