New Robo-Advisor Targets Minority Communities
Finhabits is focused on minority clients because many Latinos and African-Americans don't have retirement funds, says founder Carlos Garcia.
eMoney Advisor Unveils Virtual Reality, Optimized Marketing Tools
EMoney debuted a virtual simulation at T3 conference on Wednesday that helps advisors explain how they will interact with clients and the eMoney platform.
First Republic, FiNet Grab Reps From Rivals
A UBS advisor moves firms in SoCal, while two registered reps with LPL and Edward Jones join Wells Fargo Financial Network.
Millennials Want to Make Wise, but Different, Money Decisions
Millennials need the same education older generations had, but how they use it will set them apart.
LPL Fined $900K Over Failure to Send 1.6M Notices to Clients
The information should have been sent to investors whose accounts were tied to suitability notices over a seven-year period.
Acquired RIAs Have Become Acquirers: Dave DeVoe
M&A expert says it was a "breakout year" for sub-acquisitions amid record dealmaking among RIAs.
Financially in Charge at Home, Women Are Less Confident at Work
A majority of American women have assumed responsibility for their family’s finances, but many have not shown similar assertiveness at work, Allianz found.
Who’s Up, Who’s Down in Latest Morningstar Ratings
Morningstar analysts have taken a fresh look at nearly 100 funds, giving just one an upgrade.
Puzder Withdraws From Labor Secretary Nomination
Mounting opposition and Puzder being "very tired of the abuse," according to a source, led to him bowing out.
Morgan Stanley Taps New Chief Stock Strategist
The decision follows the departure of an executive to a hedge fund.