Among other requirements, the new MSRB rule requires brokers, dealers and municipal securities dealers to disclose the state tax benefits that would not be available to the investor as a result of investing in an out-of-state 529 plan. Morningstar's new tool, the 529 Suitability Manager, enables advisers to present these and other disclosures to investors in straightforward, easy-to-read reports.
Two teams and one advisor managing a combined $1.3 billion choose to set up shop at Wells Fargo's channel for independent advisors.
The new business intelligence service uses several key performance indicators to help advisors decide how to best manage their talent and resources.
An wealth management duo from Ohio chooses LPL's unit for direct employee advisors to found Moto Wealth Partners.
As valuations continue to rise across the industry, more firms are using compensation to invest in their top talent and future growth, Succession Resource Group says.
Missed IRA RMDs can cost clients thousands, Vanguard research shows. But financial advisors can help erase tax penalties and avoid future ones with a few key strategies.
Rather than investigate her claims against the head of the firm's wealth unit, the accuser claims that Citi's human resources turned its spotlight on her. Citi denies the claims.
