The mutual fund arm of Bank of America of Charlotte, N.C. plans to offer three new funds next year, according to a registration statement that the Nations Funds Trust filed with the SEC Oct. 25. The funds include the Nations Mid-Cap Index, High Yield and Kansas Intermediate Municipal Bond funds, according to the registration statement. Banc of America Advisors of Charlotte will advise the funds. The Nations Funds family already includes over 60 funds.
The SEC is now focused on "quality of cases versus quantity," the SEC chairman said during a discussion held as part of the 2026 FINRA Annual Conference.
Oppenheimer said it had calculated its potential liability in its cash sweeps lawsuit at more than $440 million. Rather than face a jury, it's settling the class action lawsuit.
Financial advisors considering a career move may not need a recruiter, but the right one can open doors to more firms, negotiate compensation and help manage the transition.
Financial planning can be complex to regular investors. Advisors shared the analogies and stories that bring ideas into focus with clients and prospects.
At their institutional investor day, Charles Schwab executives say they see a huge opportunity in arranging securities-backed loans for firms in its RIA network.
Financial planners and organic growth experts understand why some may hesitate to start posting videos. But the benefits far outweigh any risk of embarrassment.
