Organization Root Tag

The expanding employee channel firm aims to support practice recruiting efforts and help usher in the next generation of advisors.

After buying JustInvest, the low-cost-investing giant has an opportunity to wring fees out of this new alternative to ETFs, writes Allan Roth.

Kristin Kimmell brings decades of experience and notable success as the replacement to the former head recruiter promoted only last year.

The startup, Just Invest, uses direct indexing to manage $1 billion in assets.

Banks and other institutions are driving significant recruiting moves while aiming to convince more members and clients to sign up for financial advice.

David DeVoe, founder and CEO of DeVoe and Company, says Mariner's acquisition of Allegiant is likely the beginning of its next phase of momentum with RIA transactions, following the investment of its new PE partner earlier this year.

Citigroup will let retail customers bet on stocks without paying fees as the bank tries to expand its wealth business in the face of fierce competition from Silicon Valley ventures, discount brokerages and big-banking peers.

Michele Dillon, a 30-year veteran of wealth management, started in April

JPMorgan, BlackRock and Morgan Stanley say the bond-market gains that have sent yields into a sudden tailspin are nothing to worry about.

As demand for cryptocurrency services from institutional investors surges, the asset manager will add about 100 workers to help the business develop new products and expand into additional cryptocurrencies.

In J.D. Power’s annual survey, independent and employee reps gave wealth managers a higher satisfaction index than last year.

According to Financial Planning’s 2021 Tech Survey, large firms are ramping up spending while smaller firms are keeping budgets modest. Are they starting to fall behind?

Other banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, have yet to resume giving to federal candidates or committees.

Sanctuary also failed to review outside business activities of certain representatives and did not terminate a securities offering that failed to meet the minimum contingency requirement, FINRA says.

Timothy Hamano is accused of fatally striking a pedestrian and then fleeing the scene, leaving his wife, also injured, and the pedestrian behind.

The Colony Group and XML Financial Group are set to bring on an RIA and a wealth management practice, respectively, in the third quarter of 2021. Focus also announced that Sonora Investment Management will join as a partner firm.

The exposed information includes customer names, dates of birth, Social Security numbers and company names.

She made headlines when she became chairwoman in 2019, but quietly exited two years later when a marketing campaign created a conflict of interest.

New questions are being raised about the brokerage’s practices with the Intelligent Portfolios product.

Former clients of Isaiah L. Goodman shared the financial losses and other harmful impact of the $2.3-million scheme.