SEC Charges Sands Brothers With Custody Rule Violations
SEC charged Sands Brothers and three of its top officials, including its CCO, with failing to provide timely statements on the firm’s private funds.
20 Richest & Poorest Members of Congress: 2014
As the important midterm elections near, it's probably good to know which legislators have the most money and which have the least.
What the Retirement Industry Can Expect From Regulators, Congress in ’15
Retirement planning officials should prepare next year for the release of DOL’s fiduciary plan, the official launch of Obama’s MyRA and more.
Focus Financial Strikes 6 Merger Deals for Partners
One advisor acquisition came about through a discussion about succession planning, an executive says.
Top 25 U.S. Charities: 2014
The Chronicle of Philanthropy ranks the top charities by private donations, with four of the top 10 DAFs, including those of Fidelity, Schwab and Vanguard.
Morgan Stanley Recruits 5 Advisors; Merrill Adds Team
The wirehouses each add registered reps from rival firms with more than $500 million in client assets.
10 States With Most Advisors Headquartered
Most investment advisory firms’ main offices are concentrated in relatively few states, with distribution likely driven by access to financial markets, population and net worth.
Janus Buys VelocityShares, Giving Gross Fixed Income ETF Launching Pad: Morningstar
The $30 million acquisition positions Janus “within the rapidly growing rules-based and active ETF universe," says Janus Capital CEO Richard Weil.
Less Affluent Americans Boost Charity; Wealthy Donors Tighten Belts
Despite earning less, middle- and lower-income Americans have increased the share of their income thay give to charity since the recession.
20 Best & Worst States for Pension Funding
Data from S&P shows the health of public retirement funds.