Industry

The firm is targeting elite advisors who cater to high-net-worth and ultrahigh-net-worth clients.

Talk about European banking consolidation has been heating up as the coronavirus pandemic adds to challenges such as negative interest rates that have weighed on profitability for years.

The former broker allegedly also used his client’s money to pay bills at gas stations, grocery and hardware stores, according to the regulator.

The pandemic has underscored the need for more socially and environmentally responsible financing.

Some of the recently acquired advisors will open branch offices for the growing BD.

To protect client nest eggs, advisors must know which savings vehicles are protected — and they’re not all created equal.

The free lunches are over. Sort of.

The firm’s National Financial Services allegedly failed to deliver certain basic information to clients in five public offerings of shares in a fuel cell technology company.

The firm expands on both coasts with Glasband Stempel Wealth Management in Florida and Carol Wilshire in California.

Funds that buy debt backing sustainability matters grew 12% from the end of 2019 globally, reaching a record $209.5 billion of assets, data show.