Organization Root Tag

The program should do more to help the economy adapt to post-virus realities, writes economist Michael R. Strain.

The latest round of coronavirus stimulus legislation includes some major tax provisions and changes for accountants to watch out for in the New Year.

The new additions join a set of big hires at the wirehouse.

The UHNW unit signed advisors managing a combined $3.7 billion this year and committed to maintaining a physical presence in its New York headquarters.

LPL Financial and indie rivals like Raymond James, Wells Fargo FiNet and Kestra Financial completed at least 17 recruiting grabs of $800 million or more this year.

The revelation is buried in an SEC enforcement action that accused Robinhood of hiding for years how it made the bulk of its revenue.

The popular trading app omitted information about its payment for order flow practice, the regulator says.

Like its largest rivals, the wirehouse kept grids at par after a tumultuous 2020.

The firm has about 200,000 staffers doing their jobs from home, a spokesman said.

The regulation permits more exemptions from fiduciary duties, but may itself be replaced by the incoming Biden administration.

It’s the second-biggest hire of the year for the wirehouse.

The firm’s four new additions came from two wirehouses.

The unit could fetch more than $3 billion, according to people familiar with the matter.

It’s one of the largest teams to quit a wirehouse this year.

After a volatile year, advisors get a reprieve when it comes to payout changes.

It won’t just change the composition of corporate board rooms. It may change conversations with clients too.

The firm, which has more than $3 trillion under management, runs dozens of mutual funds and was a pioneer in index investing.

The OSJ scooped up teams from Edward Jones, Wells Fargo Advisors and Wedbush Securities.

The latest deal by a wealth manager for an employee services firm enables the Raymond James Private Client Group to expand its reach.

There are still plenty of challenges and potential changes on the horizon. Here’s what to watch for.