Practice

Economic factors like changes to the tax code are behind nearly a quarter of all recent giving, according to a new survey.

The discount brokerage sees the move as a way to attract younger, less affluent investors.

The wirehouse is also simplifying its small household policy and boosting its emphasis on financial plans.

As this firm founder took stock, he realized his needs had changed over time.

Technology can speed up the planning process, but advisors still need to smartly allocate human resources.

The firm also opened a new branch office to house its recruits.

The firm hasn’t made any decisions about advisor retention bonuses, but some top shareholders will earn tens of millions of dollars once the deal closes.

SEC Commissioner Robert Jackson Jr. said his office studied 15 years of data to assess how the firms utilized their power on hundreds of proposals.

“The market is actually using proxies for understanding ESG data,” says BlackRock’s global head of sustainable investing.

A close look at the seven letters Jay Clayton highlighted, and about two dozen others submitted to the SEC by supposedly regular people, shows they are the product of a misleading — and laughably clumsy — public relations campaign by corporate interests.