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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An industry report finds the largest independent brokerage, with its supported independence offering, had the biggest net headcount gain last year.
February 27 -
The wealth management giant sees piles of cash waiting "on the sidelines" as a way to boost assets under management and profit margin.
February 22 -
Industry lawyers say the case shows that "half disclosures" of brokers' conflicts of interest won't be enough for regulators.
February 20 -
Debate still rages over his legacy. But there's no doubt about how much O'Neal overcame on his way to becoming the first Black Wall Street CEO.
February 20 -
Christopher Armstrong and Randall Kiefner question an arbitration ruling finding they owe Charles Schwab nearly $3 million.
February 15 -
The proposal comes as regulators say they've seen a fourfold increase in suspicious activity tied to RIAs.
February 14 -
With so many compliance systems on the market, regulators are likely to look askance at firms that don't embrace them.
February 13 -
The move brings the 28-year industry veteran from a firm where independent planners make up less than 5% of the advisory headcount to one where they are the majority.
February 12 -
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
