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Under Biden’s plan, the tax would apply to households worth more than $100 million who do not already pay 20% tax on their “full income."

The $2.6 billion Miami firm is the largest independent advisor yet to take advantage of the U.S. territory’s incentives.

Here's what happened over the last week in wealth management.

CEO Bruce Van Saun said the bank wouldn’t search for deals as aggressively as it had last year, but Florida expansion remains a focus

The FINRA order includes allegations relating to the LJM Preservation & Growth Fund, another product sold in large numbers by the industry.

During his tenure at the top, assets jumped to more than $2.1 trillion from $3.9 billion, making Fidelity the second-biggest U.S. mutual fund company.

Teams are taking longer to switch brokerages as the pandemic recedes and advisors return to the office, according to John Pierce, the firm’s head recruiter.

A FINRA arbitration panel awarded former clients of First Allied Securities the full damages they requested in the case.

In the U.S., almost all the high-quality neon needed to make computer chips comes from Russia and Ukraine, according to Moody’s.

Harry Sherdil took his practice independent last year with an ambitious goal stemming from his powerful personal story.