In the At Deadline section of the Nov. 27, 2000 issue of Mutual Fund Market News, OpCap Advisors was incorrectly identified as a subsidiary of OppenheimerFunds. OpCap Advisors is a subsidiary of Oppenheimer Capital, which is wholly owned by PIMCO Advisors and is unrelated to the Oppenheimer Funds. We apologize for the error.
Opponents haven't stated publicly that they will file a lawsuit, but one will almost certainly challenge the Biden administration's expansion of the fiduciary duty.
Few U.S. adults have done any estate planning. Even fewer have done so for their pets. Advisors can help them get started.
Fidelity launched a new hub aimed at helping advisors who said they're struggling to grow organically. The move comes as LPL Financial and BlackRock launched similar hubs this year.
Three advisory teams managing $10 billion in the San Francisco area are among an ongoing wave of departures from the biggest U.S. bank.
Experts say that busy entrepreneurs often miss incentives and advantages available to them. Financial advisors and tax professionals can give them a nudge.
The CEO of the RIA "roll-up" outfit thinks that ongoing industry consolidation doesn't necessarily mean all firms will start to look the same.
