The industry’s lack of Black people and other minorities may explain why the world of social investing has fallen short on pushing corporations on race.

LPL has reeled in about half of the reps changing their BDs so far this year, but the full RIA channel is also reaping big gains. Plus, other news in the indie space.

The rollover period has been extended to Aug. 31, allowing some clients to breath a sigh of relief.

Asset manager Blueprint Capital Advisors claims they stole confidential business information and discriminated against the Black-owned firm.

The wirehouse says it wants to simplify pricing for separately managed accounts and expand client choice.

The wirehouse added more than a dozen advisors in the last month managing more than $1 billion in client assets.

Just 5% of its 16,000 employees are Black, according to the company.

The firm employs just short of 70,000 people in 50 countries and had 80% of its worldwide staff at home during the height of the pandemic

"The stillness of the time produced by the pandemic quarantine has put age-old issues in the spotlight,” writes Visionary Leader Awards judge Dasarte Yarnway.

Muirwood Private Wealth exemplifies “cracked-code” of pandemic moves, observer says.

The judges sought innovations that would make a lasting impact on the business of financial advice. We found them.

With her innovative, rapid-fire leadership, the recipient of this year’s individual award is giving nearly 2,000 aspiring planners unprecedented entree into a profession sorely in need of them

Granular sensitivity and remarkable speed characterized the overnight virtualization of the firm.

Observing the day is one way wealth management firms are trying to respond to civil unrest.

Marylin Booker accuses the company of failing to support Black advisors and criticizes its use of mandatory arbitration to settle employee disputes.

Still, clients continue to invest their assets into the industry’s cheapest funds and are saving billions as a result.

The 30-year industry vet launched a firm on the Dynasty platform citing better technology and “freedom” as reason for the move.

Thanks to the CARES Act, retirees can pass on taking required minimum distributions but should they?

Members of the bank’s operating committee will be evaluated annually on how much they have increased representation and inclusion of diverse employees in the operations they oversee.

About 6% of the country’s family offices have more than $5 billion of assets under management, while roughly a third control $500 million or less.