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The practice received a recommendation from a surprising source and wound up picking its suitor after only a three-month search.
February 5
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New hires come at a moment of heightened competition for talent industrywide.
February 5
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Banks weren't involved in the trading frenzy, but some observers say the regulatory response should address risks to all financial institutions.
February 4
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Wealth managers acting as “downstream broker-dealers” allegedly made $187 million in commissions and other selling fees on GPB Capital investments.
February 4
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In the new Form CRS, firms must justify whether they place client assets in advisory or broker accounts.
February 4
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Recruiting and retention of talent looms large for Advisor Group after it rolled up three firms in the wake of a massive acquisition.
February 4
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APIs, proprietary funds, customer service issues: executives explain what they’re planning as their company hits $6.7 trillion in client assets.
February 4
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The 20 categories with the biggest gains are home to nearly $10 trillion in combined assets.
February 3
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The team caters to wealthy clients and athletes, and specializes in private placement life insurance.
February 3
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Consumer advocates are calling for Gary Gensler to toss out Reg BI as wealth managers aim to keep the prior administration’s rule in place.
February 3
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The recent tumult involving GameStop and Robinhood has raised questions about whether broader risks for the financial system are brewing.
February 3
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The bank is ramping up its consumer business lines, evidenced by the adoption of Joe Duran’s holistic “Money Mind” approach.
February 3
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The acquisition of another midsize wealth manager will boost the holding company above 2,500 reps with nearly $95 billion in AUA.
February 3
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Does a poor stock pick, for instance, constitute a sales practice violation?
February 2
Foreside Financial Group -
The new hires include industry veterans and they join a growing branch in Dallas.
February 2
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The brokers collectively generated more than $88 million in annual revenue while overseeing nearly $15 billion in assets under management.
February 2
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Regulators and Washington policy makers are sure to up scrutiny once the dust settles on the market turmoil that has buffeted GameStop and others.
February 2
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A dead client, an advisor accused of murder and fraud, and an industry that didn’t see it coming.
February 2
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Despite the credit-positive reading by one agency, the IBDs are competing against less leveraged rivals.
February 1
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A new committee staffed by CFP pros and others is tasked with refreshing what consequences advisors will face for failing to comply with the board’s standards.
February 1
