Advisor Charged With Stealing $9M From Elderly Woman’s Foundation: Enforcement
Meanwhile, a Massachusetts advisor is accused of steering clients into funds in which he had an interest.
RIA M&As on a 5-Year Growth Tear: Echelon Report
Plus, the average asset level of breakaway reps is up to $300 million, according to the investment bank.
Private Equity Firm Lovell Minnick Is Buying $20B Tortoise Investments
The purchase of the asset manager is expected to close in the first quarter of 2018.
Women Invest Like Men but With a Key Difference, Study Finds
Capital Group’s survey of women shows confidence in their investment decisions but not necessarily the power to execute.
DeVos Sued Over Plans to End Protections for Student Borrowers
A coalition of states is suing Education Secretary Betsy DeVos for her plans to end rules that protect student loan borrowers.
The Ear of the Beholder: Words Clients Hate, Words Clients Like
A Chubb research project found that it’s not what you say to prospects that matters; it’s what they hear.
Schwab TV Ads Tout Advisors’ Fiduciary Status
The ads running on Fox Business Network and CNBC are designed to put independent advisors front and center.
Commonwealth CEO Upbeat on DOL Fiduciary, ‘RIA-zation’
Wayne Bloom and other execs highlight the growth of the firm’s indie advisors at a national event in San Diego.
Move Over, Vanguard: State Street Slashes ETF Fees to Industry Lows
It is also launching SPDR Portfolios ETFs, a suite of 15 low-cost funds that will be available on TD Ameritrade's newly expanded ETF Market Center.
Oranj Launches Free Wealth Management Software Product for Advisors
The MAX offering includes model portfolios and funds from BlackRock, Direxion, Morningstar, ETF Securities and Frost Investment Advisors.