Risk

MML Investors Services allegedly breached its fiduciary duty in the same way that the regulator has alleged that more than 100 other firms have in recent years.

The longtime director of investor protection at the Consumer Federation of America could signal an overhaul of Reg BI under the Biden administration.

Nicholas Spagnoletti, 52, had “images and videos depicting the sexual exploitation and/or abuse of a minor” on his phone, investigators say.

Advisors can now access model portfolios and client “Risk Numbers” from within the financial planning software.

Cardea Capital signs up for the technology just weeks after a rival attacked the fintech’s methodology and levied accusations of racism.

The key is to think about what clients ultimately want to know, writes finance professor Derek Tharp.

The two fintechs are vying with each other and Envestnet to be advisors’ preferred digital hub.

Firms affiliated with the broker-dealer can access the software for free through AdviceWorks.