The
The spat came to a head in September when the chamber sued the SEC in September in an effort to reverse the new independent trustees rule. Industry observers anticipate a bitter dispute when the case begins on April 15.
Some legal activists have accused the SEC of overstepping its bounds by amending the Investment Company Act of 1940, which is considered by many investment executives to be the mutual fund industrys Holy Bible.
Mutual fund heavyweights like
Gryphon Wealth will keep Wells Fargo Clearing Services as its custodian in a deal that brings in tech support from TradePMR, a firm acquired by Robinhood in 2024.
If wealth management clients have children who are recent college graduates, pointing them in the right direction on their first 401(k)s helps build strong connections with two generations.
Subscribers to Financial Planning can earn one continuing education credit toward recertification by successfully completing the 10-question quiz.
Even if they must refer wealth families to a tax professional for a generation-skipping or dynasty trust, financial advisors can play a valuable role.
Jim Gold of Steward Partners thinks impending advisor retirements will continue driving smaller RIAs into M&A deals with big acquirers — even as AI turns many investors into "do-it-yourselfers."
Justin Brownlee started an RIA targeting energy, oil and gas employees. His hyperspecific marketing tactics have helped grow the firm into a thriving niche.
