Financial advisor news, market insights, and practice management essentials.
The bank is restructuring the unit that caters to some of its wealthiest clients, according to an internal memo.
Interest in options among both professional and self-directed investors is surging, and new 0TDE ETFs are gaining popularity.
New developments are kicking off a new era in AI investing and have advisors closely monitoring their tech allocations.
There were 272 transactions last year, and that breakneck pace isn’t expected to slow down anytime soon.
Groups like LPL Financial and SIFMA say the rule conflicts with the Regulation Best Interest framework.
Mark Uyeda will serve as interim Securities and Exchange Commission Chair, while Paul Atkins awaits confirmation.
It’s a major opportunity for advisors who make an effort to tailor their services to women and spouses, but advisors are playing catch up.
Nearly 80% of advisors plan to allocate more assets into private markets this year — but it’s not always as easy as it sounds.
The SEC charged the asset manager with misleading clients over changes to its retirement funds, leading to higher tax bills for investors.
Adoption of the cryptocurrency has outpaced other transformative technologies like the internet and mobile phones.
The chief growth officer is at the forefront of preparing RIAs to grow their businesses and train advisors for the future.
The controversial enforcement actions have been called a “cash cow” by Commissioner Hester Peirce.
Wall Street ended 2024 on a high note, providing investors with a sigh of relief as we enter the new year.
A quartet of ETFs faceplanted last year, but they could mount a comeback this year.
Executives at top financial services firms expect to cut as many 200,000 jobs in the next five years and significantly increase revenues.
The investment company says advisors and investors should break from the traditional strategy and take on more defensive positions this year.
The UK Advertising Standards Authority said Wahed Invest can no longer run posters with flaming US and EU bills.
Defined outcome ETFs have long promised virtually risk-free investing, but also place significant caps on potential gains.
Assets under management requirements are becoming a high hurdle for early-career advisors looking for a new role.
A new division will connect the firms’ wealthiest clients with other products and services on the Bank of America platform.
