Organization Root Tag

CEO Jim Cracchiolo acknowledged that the firm attracted fewer experienced reps in the second quarter, even as its headcount ticked up by 2%.

The study, conducted between January and March 2021, contains self-reported data from firms that custody their assets with Schwab Advisor Services or TD Ameritrade.

In a session at the industry trade group’s conference, planner Lazetta Rainey Braxton connected racial and financial literacy.

The firm made several other changes to its executive leadership, including a new chief marketing officer.

The trade group’s continued support comes with caveats as advocates for a stronger rule express hope that the Biden administration will change the 2019 regulation.

The number of registered investment advisors in the Sunshine State is up 27% over the last 5 years.

O’Connell violated six state laws, according to a regulatory complaint.

The asset management giant announced new policies on climate change and gender balance Monday that include requirements for portfolio companies to manage their environmental impact.

With Intelliflo, the insurance giant hopes to expand agents’ ability to offer wealth management and financial planning.

The company is making a bid to compete for growing ranks of America’s multi-millionaires and billionaires.

The nonprofit is serious about weeding out bad actors among CFP holders, writes Tom Sporkin, the official hired to run its compliance efforts.

Philadelphia-based Janney Montgomery Scott added three teams from Wells Fargo and Merrill Lynch across two states managing $1.4 billion in client assets.

A new TIGTA report warns, however, that many didn’t follow the rules and could face potential tax penalties.

Nearly 100 clients Mata allegedly defrauded for $14.5 million have received paltry restitution after exhausting every possible method.

Consumer prices last month jumped the most in 13 years, alarming financial advisors and their clients, but everyone should calm down, Michelle Meyer says.

The deal adds 4M clients to the division’s 16.6M clients.

While US investors lag Asia and Europe, their perception of cryptocurrencies as an investment class, not a currency, is rising.

A new high in loan volume and a notable influx of advisory AUM drove the wirehouse’s business to more than half a billion dollars in second-quarter net income.

The Houston, Texas-based firm was also censured and required to retain an independent consultant.

The world's largest asset managers voted against many more directors than the previous year based on climate and racial equity issues.