Affected advisors must now decide whether to move to Black Diamond, highlighting the arduous nature of changing portfolio management software.
The key areas you should focus on to prepare your firm for a successful deal.
Ameriprise has targeted LPL in at least four complaints since January 2024, alleging its competitor had unfairly hired its financial advisors.
Would you like to see just how much your competitors are handling? Here's how to compare.
While active funds in the equity space have a lot of underperformance to answer for, less efficient markets in fixed income might be fertile ground for richer opportunities.
Advisor users who are also on the eMoney platform stand to benefit from the newly announced link-ups.
With a leaner federal revenue agency, the system faces serious questions over the honesty of wealthy taxpayers, US debt, and getting clarity on complex tax situations.
Peter Mallouk's giant RIA firm is strengthening its California presence, while $34 billion EP Wealth extends its Midwest market presence.
A $3.1 million attorney fee award in CBIZ’s favor was reversed after an Indiana appellate court ruled Zotec had not breached its acquisition contract merely by bringing claims.
The Wisconsin Court of Appeals ruled that a receiver can recover over $137,000 in alleged preferential payments from a Utah funder, despite forum and choice-of-law clauses in merchant cash advance agreements.
The Appellate Division of New York’s Supreme Court has upheld a $1.64 billion ruling against China Construction entities in a high-stakes case over the failed Baha Mar resort development in the Bahamas.
Delaware’s Chancery Court dismissed controller and fiduciary claims in a suit over Focus Financial’s sale but kept alive a disclosure issue tied to a rival bidder.
An Ohio appellate court has upheld a trial court’s decision to enforce arbitration clauses in a complex family trust dispute over access to venture investments, reinforcing the binding power of partnership agreements.
A New York appeals court upheld a $795,480.96 judgment for broker Scott Bloom in a dispute over unpaid commissions, rejecting Helmsley Spear’s procedural and contractual defenses.
A Delaware Chancery Court decision granted a limited books and records inspection to an investor in a private AI investment fund, emphasizing the importance of documentation for closely held entities.
An Illinois appeals court has ruled that creditors can revive dormant money judgments up to 20 years after entry - regardless of whether earlier revival attempts were made.
A federal judge has allowed Aaron Greenspan to expand his FOIA lawsuit against the SEC, adding multiple claims related to records requests involving Tesla, Bridgewater, Meta, and FTX. A separate civil rights claim was denied.
A federal court has questioned its jurisdiction over a $225 million FINRA arbitration dispute, citing unresolved liability issues and a missed FDIC claims deadline after First Republic’s failure.
Federal court stops action over unregistered securities claim.
The New York-based indie RIA's new chief growth officer comes with a strong background building custodial platforms, including Goldman and Pershing.
