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 team joining Fidelis Capital will specialize in working with wealthy families.
September 5 -
The global bank saw a decline in its wealth management headcount for its Americas region even as its invested assets rose.
August 31 -
The action in federal court alleges the exiting advisors received an incentive package worth as much as $70 million for joining RBC.
August 30 -
The RIA president says he and his colleagues will spend the next few weeks figuring out how the Personal Financial Management unit's office can fit in with its new owner.
August 29 -
Other states are likely to look to Massachusetts for guidance on how far they can go in holding broker-dealers to a higher standard than Regulation Best Interest.
August 25 -
The federal regulator reopens the comment period for its rule on safeguarding client assets in response to its new auditing requirement for private funds.
August 24 -
Commissioner Hester Peirce warns an unintended consequence of the new regulation could be less thorough internal compliance reviews.
August 23 -
A lawyer representing Keith Todd Ashley argues prosecutors overreached in arguments used to obtain life sentence against his client.
August 23 -
A brokerage client's portfolio was gradually invested almost exclusively in the fund manager WisdomTree over a decade.
August 22 -
James Tuminello argues in court documents that he only reached out to clients he formed with relationships before joining the large wirehouse.
August 18 -
Missouri requires brokers who recommend investing on environmental, governance or social principles to sign statements saying they "are not solely focused on maximizing" returns.
August 16 -
Despite the slight decline last year, researchers expect global growth of 38% by 2027.
August 15 -
Many advisors use real estate investment trusts to hedge against inflation while also providing steady dividend income. But private funds still provoke skepticism.
August 15 -
A lawyer representing advisors warns the new rule will drive the forum fees of arbitration hearings well above $10,000.
August 14 -
Advisors and brokers rarely put up fights when a former employer comes for loan paybacks as successes are few and far between.
August 11 -
CG Advisory Network's move comes less than a month before the transition of clients from TD Ameritrade is scheduled to take place.
August 9 -
Employees at 11 firms, some ranking as high as senior executive, stood accused of using WhatsApp and similar services to conduct business in violation of recordkeeping rules.
August 8 -
The proposal to replace in-person inspections still drives a wedge between investor advocates and brokerage industry groups.
August 7 -
Matchmaking services offer the promise of lead generation without the hassle of cold calling. But do they deliver?
August 4 -
The move comes amid predictions that clients will increasingly base wealth management decisions on online testimonials and ratings.
August 2
