Organization Root Tag

About two dozen advisors are using the software now, and the firm is making changes based on their feedback, an executive says.

Democrats Elizabeth Warren of Massachusetts and Brian Schatz of Hawaii have sent a letter to CEO Charlie Scharf demanding a response to news reports that the bank has been placing borrowers into forbearance plans without their consent.

A severe recession could be enough to completely wipe out the capital and surplus of four insurance firms as well as hobble a handful of others, the NAIC finds.

The firm is dropping management fees on robo accounts with $10,000 to $50,000, turning to a minimal per-month charge instead.

The Minnesota-based Falldin-Mattson Group was previously at Morgan Stanley.

It will be the largest bank channel team at the IBD, with its former clearing house Pershing taking a hit.

Hilltop was fined a total of $475,000, with $100,000 pertaining to violations of municipal securities rules.

The firm allegedly didn't disclose its parent company paid a teacher union entity $10,000 a month “for its exclusive endorsement” as its preferred financial services partner, according to the regulator.

An all-woman team joined the firm in Miami while a branch manager is installed in a new Northern California office.

Despite growing to about $1.1 trillion in AUM, senior executives made a series of bets to keep pace in a changing industry that have yet to pay off.

Trading under the ticker EFIV, the fund will exclude companies involved with tobacco-related products and weapons.

Procyon Partners, which caters to UHNW clients and retirement plans, had a rocky separation from the same former firm.

Perceptions on relationships, health, and lifestyle have also changed.

The asset manager’s culture is allegedly one in which women's careers are destined to stall and portfolio-manager ranks are reserved for white men, the lawsuit claims.

If approved, the firm would be able to issue its own ETFs, although they haven’t registered any individual funds yet.

Despite besting the broader market over the long-term, those at the top have underperformed in the first half of 2020.

The party’s draft party platform criticizes lax standards implemented by the Trump administration, and vows to strengthen Social Security.

A typical investment for Nuveen's $5.8 billion impact investing unit these days ranges from $20 million to $60 million, says its co-head.

The latest roundup of 32 IBD affiliation moves, M&A deals and expert studies reveals the mixed impact of the coronavirus.

The current proposal “would lead to worse outcomes for plan participants as plan sponsors shied away from assessing ESG risks in selecting investments,” the research firm says.