The
"Given the uncertain outcome of litigation, we made a business decision to settle the case for a fraction of the original claim without admitting any liability," said Pricewaterhouse spokesman Steven Silber.
U.S district Judge J.P. Stadtmueller must approve the settlement, which is not expected to happen before April, said Greg Felkamp, the judge's clerk.
Heartland officials await trial on a civil complaint filed by the SEC.
Forty-five percent of wealth managers say a disputed presidential election would hurt their business, according to a new Arizent survey.
Citizens Financial said long-time Morgan Stanley leader Paul Casey will spearhead its wealth, private banking units as part of a larger expansion in advisory services.
Some financial advisors and tax professionals with high net worth clients could find big advantages before the expiration of provisions of the Tax Cuts and Jobs Act.
Executives say the results show the wisdom of the firm's deliberate decision to focus on high net worth clients.
Even as ETFs in general enjoyed a bullish month, some funds lost billions of dollars. Here are the bottom 20.
It's that time of year again. Here's how to nominate a colleague — or yourself — for Financial Planning's Rising Star awards.
