Portfolio

Bank of America fired James Iannazzo after a video of him shouting expletives and insults at a Connecticut Robeks circulated on social media in January.

David W. Schamens defrauded clients for $6.8 million in a Ponzi scheme despite being banned by the SEC decades earlier, according to investigators.

Fusion Analytics Securities sold $1.8 million in bonds and collected 8% commissions while making material misrepresentations, the regulator says.

Two studies point to significant barriers, including jargon and financial advisors who don’t take them seriously.

The demand for answers comes six months after a new Texas law bans state agencies from investing in finance firms that have “boycotted energy companies.”

Affluent investors who have maxed out their retirement plan contributions hold target date funds in taxable brokerage accounts.

Luke Harangody is hoops royalty at Notre Dame. But at Midwest TAMP GeoWealth, he’s a rookie with a lot to prove.

The first rate hike since 2018 was expected, but its effects are still to be seen.

Two major hybrid RIAs using LPL as their brokerage are joining forces after the acquiring firm received an investment from Merchant.

The veteran journalist explains how he has adjusted quickly to a new beat and his plans for the series in future months.