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Engine Capital, an activist hedge fund in the stock, called on Avantax to explore a sale last month, saying it could fetch as much as $32 per share amid rapid consolidation in asset management.

To avoid a third straight quarter of disappointing investors on earnings day, Goldman executives have been actively downplaying expectations for results that will be disclosed next week.

State regulators accused the wealth management giant of charging customers commissions of $75 or more for small equities transactions.

All customers with more than $1 million in assets have been automatically enrolled into a pair of new service plans.

Amid a low tide of deals, the giants continue to identify RIAs and other firms giving them more scale and new capabilities.

Jeff Jones sees allowing donations to 501(c)3 groups as a way to accommodate advisors coming into the industry from the insurance world.

The deal, a mix of cash and equity, will expand the RIA consolidator's growing service offerings to clients.

The giant asset manager and its rivals like Vanguard and Schwab are all benefiting from offering advisors funds bundled into ready-made strategies.

Advisors seeking to sell their firms will find buyers that are increasingly focused on larger practices.

The firm's employee brokerage is bringing Alex. Brown, which it acquired in 2016, more firmly into its fold.

In an 'infinitely rare' move, one member of FINRA's arbitration panel wrote a lengthy dissent noting the ex-employee's extensive training in anti-money laundering measures.

Following a Supreme Court ruling banning race-conscious college admissions, some advisors fear that RIAs will step back from their DEI initiatives.

Drew Tignanelli argues that financial advisors should be subject to the more rigorous professional and educational standards governing doctors and accountants.

A small tweak to business practices could earn many firms in the industry much more in income, and it's hiding in plain sight.

Plus, two wealthtech startups celebrate successful funding rounds.

Some of the biggest names in banking have started using large language models to organize their institutional knowledge, but use cases like chatbots remain experimental.

The ex-financial advisors used clients' money on their businesses and other expenses like homes and travel, according to investigators.

Anne Lester, who led JPMorgan's Retirement Solutions department for 20 years, talks about how to overcome the psychological barriers to saving.

As Twitter continues to undergo unexpected and at times unpopular changes, a new challenger from a social media OG is gunning for the bird app's throne.