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UBS reportedly planning to appoint investment bank chief Rob Karofsky to lead its U.S. business, where he'd focus on expanding into the U.S. wealth market.

Brokerages and industry lawyers say the conduct standard's key provision is its requirement that advisors consider alternatives to risky and expensive investments.

AI has become a crucial part of the conversation for wealth managers, as firms such as Goldman Sachs, Morgan Stanley and Citigroup consider how to deploy the technology.

Sam Chang is a wealth advisor with Thrivent, a Fortune 500 financial services organization committed to helping people lead lives of service and faith.

After immigrating to the United States when he was 5 years old, he had a 16-year career on Wall Street before joining Thrivent. He's passionate about helping people of all backgrounds use their money as a tool to lead a life of higher purpose.

Cindy Hannafey is a managing director at UHY Consulting. She provides portfolio, program and project management; software selection and digital transformation services; post-merger integration; and operational and financial process optimization services to client companies.

The ESG closure rate is far outpacing last year.

The Securities and Exchange Commission, having already approved spot bitcoin ETFs, ought to follow through and grant the same approval to spot ethereum funds. Doing so would create a new surge of investment, with positive economic impacts.

Proposals to crack down on private placement insurance contracts aren't close to becoming law. Here's how advisors and their clients can use them for the time being.