At its end-of-the-year meeting Wednesday, the
The rule would require that 75% of a fund’s board, including its chairman, are independent of a fund’s investment advisor.
The five commissioners voted unanimously to reopen the matter.
Lawyers note that Ameriprise, despite its win, got relatively little of what it wanted and question whether the fight was worthwhile.
What began as Transition to RIA founder Brad Wales' informal collection of large firms' division names and account types could turn into a collaborative industry glossary.
Financial advisors who are curious about vibe coding have many free or relatively cheap options to help them get started.
AI is allowing advisors to build custom tools and processes without deep knowledge of coding. Still, some guardrails will be necessary to keep compliant.
Snow Pine Private Wealth is the latest in a string of advisory groups to jump from UBS to Wells Fargo.
The lawsuit claims ShinyHunters, a prominent cybercrime group behind breaches at other wealth firms, exposed personal information after its ransom demands were refused.
