News

Displaying 42953 results
Edward Jones loses court fight to restrain former broker
INDUSTRY NEWS NOV 15, 2019
Edward Jones loses court fight to restrain former broker

Federal judge rules Jones lacked evidence to support its claims against John Kerr.

By Bruce Kelly
Women in developing nations need impact investing
OPINION NOV 15, 2019
Women in developing nations need impact investing

And impact investing needs them.

By Durreen Shahnaz
Schwab boosts new account openings 31% after fees go to zero
INDUSTRY NEWS NOV 14, 2019
Schwab boosts new account openings 31% after fees go to zero

Jump in new trading accounts in October brings the company's total brokerage accounts to 12.2 million.

By Bloomberg
Fisher asked women to appear in ads. Not all were happy about it
INDUSTRY NEWS NOV 14, 2019
Fisher asked women to appear in ads. Not all were happy about it

Ads featuring the firm's female employees were part of a campaign to counter negative coverage of the company.

By Bloomberg
Bluespring Wealth acquires $1.1 billion Vector Wealth Management
INDUSTRY NEWS NOV 14, 2019
Bluespring Wealth acquires $1.1 billion Vector Wealth Management

Kestra's acquisition unit adds Minneapolis RIA.

By Bloomberg
Fidelity report warns boomers to ease up on stocks
INDUSTRY NEWS NOV 14, 2019
Fidelity report warns boomers to ease up on stocks

More than a third had crossed Fidelity's 70% threshold for those 10 years from retirement.

By Bloomberg
Finra bars former Raymond James rep discharged over loans
INDUSTRY NEWS NOV 14, 2019
Finra bars former Raymond James rep discharged over loans

Lance Armstrong was no-show at hearing looking into allegations

By InvestmentNews
Mariner Wealth Advisors gets into the cash management business
INDUSTRY NEWS NOV 14, 2019
Mariner Wealth Advisors gets into the cash management business

As cash stockpiles mount, the $31 billion RIA builds a portal to increasing wallet share.

By Jeff Benjamin
RetireOne insurance platform buys EF Legacy Securities
LIFE INSURANCE AND ANNUITIES NOV 14, 2019
RetireOne insurance platform buys EF Legacy Securities

Edelman Financial Engines sells its Kentucky-based broker-dealer unit.

By InvestmentNews
Motif brings direct indexing to investors with as little as $10,000
INDUSTRY NEWS NOV 14, 2019
Motif brings direct indexing to investors with as little as $10,000

The product is only available initially on Motif's consumer-facing platform, but the company plans to make it available to financial advisers in the future.

By Ryan W. Neal
Insurer lures young annuity buyers by invoking parents' financial woes
INDUSTRY NEWS NOV 14, 2019
Insurer lures young annuity buyers by invoking parents' financial woes

MassMutual has a new annuity designed for customers who fear they'll have to help cash-strapped parents in later life.

By Greg Iacurci
How new fintech solutions can assist with Reg BI
REGULATION AND LEGISLATION NOV 14, 2019
How new fintech solutions can assist with Reg BI

Leveraging key technologies can ensure that clients' interests are protected.

By Bloomberg
LPL backs off lucrative recruiting deal
INDUSTRY NEWS NOV 14, 2019
LPL backs off lucrative recruiting deal

The independent broker-dealer is moving away from an offering that pumped up its recruiting numbers.

By Bruce Kelly
Regulators can do more to protect vulnerable, senior investors
OPINION NOV 14, 2019
Regulators can do more to protect vulnerable, senior investors

Ongoing support must be committed to continuously enhance protection and fraud detection.

By Michelle Oroschakoff
Google partners with Citigroup to offer consumer checking accounts
INDUSTRY NEWS NOV 13, 2019
Google partners with Citigroup to offer consumer checking accounts

The move is the latest by Silicon Valley tech companies muscling in on financial firms' territory.

By Bloomberg
Ameriprise duo managing $200 million sets up RIA through Integrated Partners
INDUSTRY NEWS NOV 13, 2019
Ameriprise duo managing $200 million sets up RIA through Integrated Partners

Homer Smith and Dave Stuehling create Konvergent Wealth Partners in Seattle.

By InvestmentNews
Team managing $240 million at Merrill Lynch joins Raymond James
INDUSTRY NEWS NOV 13, 2019
Team managing $240 million at Merrill Lynch joins Raymond James

Vic Howie, Paige Passerallo and staff move to employee unit in Charlotte, N.C.

By InvestmentNews
Financial firms say they are making inroads in creating more diverse workforce
PRACTICE MANAGEMENT NOV 13, 2019
Financial firms say they are making inroads in creating more diverse workforce

Merrill Lynch, Chase Wealth Management tout people of color in training programs.

By Mark Schoeff Jr.
Top advisory firms focus on culture as well as growth
INDUSTRY NEWS NOV 13, 2019
Top advisory firms focus on culture as well as growth

InvestmentNews honors some of the best-performing practices at its Top Advisory Firm Summit in Chicago.

By Ryan W. Neal
This rule of thumb about 401(k) investments is wrong
INDUSTRY NEWS NOV 13, 2019
This rule of thumb about 401(k) investments is wrong

More funds may be better than fewer funds.

By Greg Iacurci