The 52-year-old asset manager with nearly $20 billion under management will become a subsidiary of Callodine Group.
Massachusetts adviser Richard Duncan got two clients to invest in a scam that originated in Turkey.
Under Biden's plan, wealthy individuals would owe taxes on the unrealized gains of their assets, in addition to realized gains, a change that would upend long-standing tax principles.
The company has begun adding support for individual retirement accounts and Roth IRAs within its app, as well as pension accounts.
The judge says the insurer didn’t violate its fiduciary duty by retaining agreed-upon investments.
Michael Kitces says Massachusetts chief securities regulator William Galvin misfired by trying to impose fiduciary duty on brokers. Robinhood celebrates its win.
Schwab Personalized Indexing will bring the benefits of direct indexing, like better tax management and portfolio management capabilities, to a wider spectrum of investors and advisers.
J.P. Morgan hired Boaz Lahovitsky from Vanguard in 2020 to oversee the call center and video conferencing program.
The addition permits advisers to create unified managed accounts for their clients.
Purchase, New York-based Altium Wealth Management specializes in direct indexing.
Napier, which will operate as a wholly-owned unit, will broaden First Eagle’s capabilities in the alternative credit market.
The asset sale suggests Morgan Stanley won't be following some competing Wall Street firms that are migrating toward the RIA space.
Roughly 86% of last year's net inflows went into collective investment trusts, which now hold 45% of total TDF assets.
The SEC will be on guard against greenwashing, and it also will probe RIAs regarding revenue sharing, 12b-1 fees and wrap-fee accounts.
Proposed legislation in Kentucky that would tax services including financial planning and investment management could significantly harm the way Kentuckians save and plan for retirement.
Four-adviser Stonebridge Financial Planning Group, which is based in Orlando, Florida, specializes in working with women in transition.
Advisers don't always have to recommend the least expensive option, but they'd better explain why they opted for the costlier one.
When will one of the 40 or so large strategic buyers of registered investment advisory firms emerge from the depths to swim with another?
Chris Georgopoulos joins in West Palm Beach, Florida, and Thomas McKeown joins in Chicago.
Vania May Bell is former chief compliance officer of Executive Compensation Planners Inc., where her father was president.
