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FSI aims for a pragmatic approach when advocating on behalf of more than 90 independent broker-dealers and 30,000 financial advisors, Deputy General Counsel Robin Traxler says in an episode of the Financial Planning podcast.

How FAs and firms are adapting to a radically different business environment.

The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.

The program comes as welcome relief for many advisors and their business-owning clients — but the program has struggled since going live on Friday.

Firms are trying to maintain enough on-site staffing to ensure swift trading. Some workers feel they have to choose between keeping their jobs and risking their lives.

When Congress killed tax deductions for financial advice in 2017, the world was a different place. Now planners want them restored to help clients during the coronavirus crisis

“Ideally, you would like clients to try not to make really short-term decisions, however this is an unprecedented situation,” an expert says.

Since the all-stock purchase was announced, TD Ameritrade's valuation has plummeted and both firms are now operating with most, if not all, staff working remotely.

The coronavirus pandemic will lead to a major economic downturn and stress mirroring the meltdown that nearly brought down the U.S. financial system in 2008, JPMorgan's CEO said.

Flagship funds at Ken Griffin's firm had been down 5.3% through March 20 before things turned around.

Even as they still have to deal with tax season, the service is tasked with handling much of the stimulus packages.

These direct payments are intended to provide direct assistance to American taxpayers who have lost wages, jobs or opportunities because of COVID-19. But there is some fine print.

Rivals and rating agencies aren’t taking any breaks in the pandemic, and CEO Jamie Price says the new giant IBD network remains on track as well.

Even when the market was climbing to records earlier this year, John Miller’s risk appetite exceeded that of some of his peers.

The regulator is seeking feedback on whether the current requirements that restrict the use of potentially misleading fund names are effective.

The firm’s CEO told staff there would be no headcount reduction in 2020 even as other industries have furloughed workers in droves.

It's the largest IBD recruiting move announced so far this year, and it may not be surpassed any time soon due to the pandemic.

The funds are also some of the lowest-duration products in the market.

From Roth conversions to QHFDs: The coronavirus pandemic is forcing difficult questions, and clients rightfully are looking for answers that advisors are uniquely suited to provide.

Overuse of “may” instead of “will” and gauzy formulations in disclosures won’t cut it despite the halt to in-person exams, an SEC official says.