Dan is a business journalist who previously worked for various local newspapers and industry publications. He also worked for two years in Beijing as an editor at China Daily. A graduate of the University of Missouri-Columbia, he has written about banking, local governments and the legal profession, among other subjects. He now covers how politics, policy and regulation affect the financial planning industry.
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The online brokerage sees its popular talking babies ads as a way to get tens of millions of viewers to think about how they might put their money to better use.
February 9 -
A Republican running for the U.S. House accused the Wall Street powerhouse of violating its own rules by not letting her step aside to conduct a campaign. A FINRA panel agreed.
February 8 -
Brendan Krebs sees his firm as standing out with its three-pronged structure: a traditional wirehouse, branch-based advisory and an independent channel.
February 7 -
The Swiss firm reports strong asset inflows for the year but still struggles with low profit margins in the U.S.
February 6 -
Industry headhunters look for a revival of Merrill's recruiting efforts to stem the slow bleed of talent to industry rivals.
February 5 -
The charges likely lead to a "layup" situation for FINRA should it seek to oust the broker.
February 2 -
The emergency rules for brokers operating out of home offices since the pandemic will expire at the end of June.
February 1 -
Amid a tough year for property investors, discerning advisors could still uncover some solid returns.
January 31 -
Leading the charge last year were risky leveraged vehicles and funds tracking the digital assets industry. That doesn't mean advisors are any more likely to embrace them.
January 29 -
Even planners who are willing to entertain investments in digital assets caution that clients should put no more in than they can afford to lose.
January 26 -
The firm credits its ability to recruit highly productive advisory teams for its strong fourth-quarter balance sheet.
January 25 -
Helen Grace Caldwell told her employees about her side film hustle but neglected to add that her clients were helping her fund it.
January 24 -
Recruiters say the moves show how wirehouses will continue to fight an uphill battle as they struggle to keep experienced teams from moving on in the coming year.
January 23 -
Greg Wilson of the Wall Street giant's Asset & Wealth Management unit wants to provide employees with tailored plans using a blend of technology and personal financial coaching.
January 22 -
Industry recruiters see the changes as intended to make client assets and advisory teams "stickier" and to retain executive talent.
January 19 -
The broker-dealer group is questioning the Department of Labor's plans to replace a simpler rule adopted by the Trump Administration to determine when workers qualify as direct employees.
January 18 -
With few new advisors coming into the industry but total U.S. assets growing rapidly, Morgan Stanley, Wells Fargo, Merrill and others are having to up their compensation game and distinguish themselves in other ways if they want to capture a larger share of the wealth pie.
January 17 -
How the big firms compare with each other in their advisor headcounts, assets under management and other attributes.
January 17 -
The firm's wealth and investment unit contributed more than half of the Wall Street giant's profits and revenues for 2023.
January 16 -
The firm's wealth management co-head said that recent changes to its pay grid have been favorably received.
January 12
