Jessica Mathews

The custodian has restructured the way it services RIAs and plans to scale.

Previously, criteria focused on an investor’s wealth. Now, a broader group has access to investments that include private company offerings and certain private equity funds.

More than 95% of comment letters submitted were opposed to the Labor Department’s proposed rule, according to a new analysis.

The company’s new self-guided tool will generate a plan for clients in as little as 15 minutes.

The regulator charged a $1.4 billion hybrid firm over disclosure of its cash sweep arrangements with its clearing firm.

As consolidation reshapes the market, the custodian sees an opportunity to attract tech-forward and multi-custodial firms.

The firm will also pay a penalty and offer to buy back variable annuities the former broker sold to 21 other investors.

The fintech’s new executive says cryptocurrency will help communities that the financial services industry isn’t serving.

The firm’s growth plans come as the industry experiences a new wave of consolidation among custodians and fintechs.

The number of advisors registering with FINRA has fallen since 2016, as more planners elect a fee-only model.

He's the second executive to depart the custodian in the past two weeks.

About two dozen advisors are using the software now, and the firm is making changes based on their feedback, an executive says.

It will be the largest bank channel team at the IBD, with its former clearing house Pershing taking a hit.

The firm allegedly didn't disclose its parent company paid a teacher union entity $10,000 a month “for its exclusive endorsement” as its preferred financial services partner, according to the regulator.

A former engineer claims he was “routinely harassed and discriminated against” by the custodian and its management.

Investment advice firms netted hundreds of millions of dollars. Here’s where they’re based, what lenders they turned to, and more.

The rep defrauded clients with promises of a “lucrative investment” tied to the popstar that would also “help needy people,” according to regulators.

The Labor Department’s short comment period is one reason to get up to speed, fast.

Some advisors have questioned the ethics of taking the loans, intended to help small businesses keep their employees on payroll.

The price hikes would come as early as 2022, and follow a budget deficit in 2019.