The
In addition, Paul Roye, director of the SECs division of investment management, called soft-dollar issues a "front-burner" priority for the Commission next year. Roye made the remarks during a speech before the
The SEC, according to Roye, is eyeing measures to limit soft-dollar practices by limiting the definition of "research" items currently paid for with inflated trading costs. "Overhead" expenses, he noted, may not make the final cut.
A therapist in New York still has $50,000 in student loans. Can President Biden's new policy bring her relief?
The wealth program at Kinecta Federal Credit Union is changing brokerage, RIA and custodian as the industry fights for recruits of all sizes in the channel.
A new MIT study says AI could potentially adapt to an advisor's predictive and empathetic behaviors. But industry leaders argue AI is actually generating more job growth for advisors, not replacing them.
Late-in-life divorces have more than doubled since 1990, and they often decimate retirement savings. How can gray divorcees shore up their finances?
Some planners and firms are taking action to address impending retirements. Here's why opening more pathways into the field matters to every company in wealth management.
The Internal Revenue Service is extending tax relief on required minimum distributions from inherited retirement accounts not made in 2024 after providing similar relief in recent years.
