The Toronto-based insurer has also been contacted by the
As well,
"It is believed that these inquiries are similar to those made to many financial service companies as part of an industrywide investigation by various regulatory agencies into practices, policies and procedures relating to trading in mutual fund shares," the two companies said in regulatory filings.
Dow Jones was unable to contact neither Manulife nor John Hancock officials by press time. couldn't be reached Tuesday night.
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.
