More than one-third of U.S. brokerage clients opened their first accounts in 2020, according to new research from the FINRA Foundation.

In the newly created position of vice president of digital solutions, Peter Clemson will oversee the creation of a unified platform for 11,000 advisors.

The lawsuit claims the no-fee brokerage preys on inexperienced and unsophisticated investors

Approval for similar access at competitors such as Schwab and Morgan Stanley’s E-Trade can take days.

This could be "could be much larger than we expect,” Zach Perret says.

The combined company will service $4 trillion in assets and is valued at $1 billion.

Though interest rates remain low, the partnership gives advisors specialized deposit accounts and lending opportunities tailored to wealthy clients.

The fintech world is expanding at a sometimes breathtaking pace. Much of that growth is driven by venture capital, but how do VCs decide which companies to invest it in--or not? Join Greycroft partner Will Szczerbiak in a discussion with Olugbenga Agboola, the founder and CEO of Flutterwave, the San Francisco-based startup building the largest payments infrastructure in Africa. Guest host James Ledbetter, editor and publisher of the fintech newsletter FIN, will explore these questions: What are VCs looking for in a fintech startup? What are the hottest fintech sectors in 2021? How has the rise in fintech valuations affected the market? Where will growth be strongest in the next few years?

The latest round of financing, following last week’s emergency infusion, suggests its initial public offering hangs in the balance

Sammons is trying to solve the longtime question of how best to combine planning with certain products through technology.

The capital injection is “a strong sign of confidence from investors that will help us continue to further serve our customers,” a company spokesperson said in a statement.

Robinhood Markets, the trading app that’s popular with investors behind this month’s wildest stock swings, has drawn down some of its credit lines with banks, according to people with knowledge of the matter.

Reddit users helped fuel a blistering rally in GameStop, the video game retailer, burning short sellers and hedge funds.

Companies are betting that pent-up demand for networking and other opportunities will help fill seats at events planned for later this year.

The 2,500-advisor firm is sneaking up on larger rivals by adopting an approach that’s increasingly popular across wealth management.

The firm hopes the software will help firms tap into growing demand for sustainable investing.

"When you ask someone what their goals are for retirement in 10, 20 or 30 years, the truth is most people don’t even know what’s possible in the first place," Michael Kitces says.

Firms affiliated with the broker-dealer can access the software for free through AdviceWorks.

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

Clients have gotten used to less in-person interaction and have reshaped their expectations and behavior accordingly, says Broadridge's Fred Duden.