The theme of the broker-dealer self-regulator's agenda this year is protecting the retail investors who have surged into the financial markets, Finra CEO Robert Cook said during a webinar.
A third of people say they would quit rather than have to return to an office, a recent survey found.
'It’s really important to get the public feedback, but it’s also really important to move on,' the agency's chairman told a group of financial industry representatives.
Last year was an unusually productive one for Morgan Stanley and its close to 16,000 financial advisers, who brought in record net new assets for the year.
Eight of the 11 acquisitions Captrust did last year involved wealth management firms, a trend that Rush Benton says will continue.
Merrill Lynch, an industry bellwether, reports a host of new highs in 2021, ranging from revenue to assets and net new ultra-high-net-worth clients.
Ex-broker Perry Santillo also must pay $103 million in restitution.
The financial planning fintech will use the latest injection of capital to invest in its technology and product suite to upgrade its client experience.
OCC gives conditional banking license for online lender SoFi.
The products had net inflows of $23.9 billion, a significant increase from the $6.7 billion in outflows seen in 2020, according to a report from Morningstar.
The firm's purchase of Reilly Financial Advisors is another in a string of recent deals.
The investment bank shelled out an additional $4.4 billion in comp last year alone, for a total of more than $17.7 billion for the year, sending the bank to its only quarterly profit decline of 2021.
The bank's wealth management group also started 2022 in hiring mode, reporting this month that it had recruited two longtime Merrill advisers in New York.
Jason Benedetti, Gus Dekavallas and Larry Ritter affiliate in Scottsdale, Arizona.
The three advisers, who will operate as The HarborView Group in St. Petersburg, previously were affiliated with Morgan Stanley.
One way we decide which new technologies to implement (or at least consider) is by asking our clients to provide detailed feedback on communications every other year.
Giant Virginia bank’s RIA arm will shed operations as well as assets.
A JPMorgan Bank rep who advises on $200 million also moves to Atlanta-based Arkadios Capital.
John and Jennifer Tarantino affiliate with LPL Financial in Florham Park, New Jersey.
In his annual letter, Larry Fink warns that companies will be left behind if they don’t embrace sustainable business practices.
