“Honestly, it’s a little frightening,” said Joel Schiffman, who oversees defined contribution products in North America for Schroders.

Ancora, which previously took on Bed Bath & Beyond and Big Lots, argues the company suffers from poor leadership.

With a new brand and new leadership, the firm hopes to tap into a burgeoning wealth management sector.

Two experienced private equity investors in wealth management struck a deal for a minority stake in one of the industry’s biggest names.

“The rollout of this plan has acted as a tipping point,” says Nick Pennino, an Edward Jones advisor.

The IBD network added a community bank’s investment program after exceeding the goals it set at the beginning of 2020, its head recruiter says.

the Labor Department said it wouldn’t enforce Trump-era rules for fund investments or proxy voting, nor will it sanction retirement plans that don’t comply with the regulations.

A Pakistani Muslim women who started her career as a financial advisor in the U.S. after 9/11, Ayesha Yasin faced and overcame multiple stereotypes.

The legislation would rival the $2 trillion March 2020 CARES Act in size and scope and follow a $900 billion December relief package.

Questions about job losses and real estate are adding more complexity to the usual post-deal issues involving advisor retention and company consolidation.

Helping employees reach a financially stable retirement is a top priority for employers.

The largest banks have cut compensation or held it steady for their top executives. Many regionals, though not all, are expected to make similar decisions as boards balance the desire to reward strong leadership during the pandemic with lackluster financial performance and public relations concerns.

The RIA acquired the innovative practice while bulking up its social justice investing efforts and its wealth redistribution planning services.

The firm hopes to more readily attract talent from rivals.

The quartet of financial advisors range in age from their 20s to their 90s, and are the second group to sign with Dynasty this week.

A Biden proposal to change the tax deduction for contributions to a tax credit could have serious implications.

All trusts named as beneficiaries before the SECURE Act may need to be updated, says one analyst.

The group includes an advisor who oversaw $843 million.

Firms are on the hunt for new talent, and they are upping their offerings to find and keep it.

With planners aging and the industry’s demographics still far out of step with the country’s, wealth managers are bulking up their support for new entrants.