Industry

The government called the companies’ decision to halt their combination “a victory for American consumers and small businesses.”

Nearly three decades after launching their practice, the two founders say they’re looking forward to spending more time with clients.

The group leader, advisor Lars Olson, had been with the wirehouse since 1994.

The investment plays on a trend, “which is the blurring of the distinction between traditional insurance products and wealth management products.”

The firm is the latest in a line of big money managers making a late entry into the $5.6 trillion ETF market.

Advisors may sometimes overlook clients with special needs, despite the size of the community and available tools like ABLE Accounts.

If confirmed by the Senate, the former CFTC chairman would be the new administration’s front-line regulator for Wall Street.

The U.S. Small Business Administration and the Treasury Department relaunched the Paycheck Protection Program on Monday to new borrowers, prioritizing loans from community lenders.

Whitnell & Co. changed hands in a deal with a regional bank that also struck a strategic partnership with the wealth manager.

Firms will up their tech investments and continue rewards and punishments designed to shape advisor behavior, says recruiter Mark Elzweig.