A new survey of some 4,300 financial advisers and students found that a lack of financial assistance was the No. 1 barrier to entry into the industry, with nearly half of the respondents citing finances as a top concern.
Blank-check companies would be required to disclose more information about their sponsors and potential conflicts of interest under the agency's new plan.
The most productive use of an adviser's time is not spending it with current clients, it's attracting new ones.
The risk-analysis platform plans to more than double its bond coverage by adding 800,000 more individual bonds this year.
See the payout grids for 49 IBDs, based on data the firms provided to InvestmentNews Research.
Outside information about investing and markets can unsettle clients, and an important part of the job is encouraging them to tune that out.
Supporters of the legislation, which would raise the RMD age to 75, are pushing for Senate action to get a final bill to President Biden later this year.
The measure would be another piece of Senate legislation that complements the SECURE 2.0 bill poised for House approval.
The company's asset management unit already supervises a total of $350 billion in assets in defined-benefit and defined-contribution accounts and will utilize the acquisition to provide new digital tools to customers.
The proposal, which goes after households worth at least $100 million, enters unprecedented territory by trying to tax unrealized gains.
The father-and-son team of David and Mitch Vallie is based in Grand Blanc, Michigan.
Advisers need to learn to help ultra-high-net-worth families achieve and maintain a sense of shared purpose and stewardship around legacies.
Burlingame, California-based Emery Howard serves Silicon Valley
The insurer's life and retirement arm, which has $411 billion in client assets, will be renamed Corebridge Financial once it goes public.
The Fed quickly became more concerned that the surge in food and energy prices caused by the war in Ukraine would entrench inflation — and expectations — at unacceptably high levels.
The $1.5 trillion investment manager is designing a full-scale ETF platform, and plans to launch its first ETFs this year.
WhiteStone Wealth Management Management is based in San Antonio, Texas.
According to the SEC, Ambassador Advisors generated at least $777,000 in fees by investing in 12b-1 share classes when other share classes were available for the same mutual fund.
The Menlo Park, California-based company announced a new debit card last week, complete with a spare change investing feature, after reaching a settlement with the Vermont Department of Financial Regulation over lax oversight and service outages.
Samuel Martin has set up his own firm, SJ Martin Wealth Management, in Beaufort, South Carolina.
