Last week, UBS Chief Executive Officer Oswald Gruebel said the company was considering selling divisions, including its Brazilian bank Banco Pactual, for $2.5 billion. Gruebel also announced a new wave of layoffs that will total 8,700.
Financial planners who joined the Transparent Advisor Movement's first "Flat Fridays" meetup touched on the difficulty of explaining the industry to consumers.
Employees can make nominations for Financial Planning's Best Workplaces in Money Management, a research-driven program recognizing firms' practices and cultures.
The program recognizes registered investment advisory practices that provide positive workplace environments and excellent benefits, according to their employees.
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.
