Industry

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.

The combination of wealth management with supporting sectors attracted investors to two major deals.

The future of referrals won’t be driverless but it will be largely remote and fueled by pre-COVID fundamentals.

The firm credited keeping its offices open during COVID-19 as a major selling point as FAs industrywide kept making moves and repapering their clients.

The IBD completed a stellar recruiting year by adding a team led by a 30-year veteran advisor.

The firm’s use of third-party compliance vendors came under scrutiny after an ex-rep pleaded guilty to bilking clients out of $5 million.

The California company, which focuses on technology companies and entrepreneurs, will make a big push into wealth management as part of the proposed acquisition.