Rep. Waters Introduces Bad Actor Bill to Rein in SEC Waiver Process
Bills limits the regulator's ability to grant waivers to financial institutions that have broken the law.
Raymond James' Wealth Group Boosts Profits 56%
The number of advisors jumps 451 from a year ago to nearly 7,300.
Fidelity Clearing to Partner With Goldman, US Bank; Expand Loans to Wealth Clients
RIAs, broker-dealers and family offices will be able to offer securities-based loans of up to $25 million through the program.
Wells Fargo FiNet Adds 2 Merrill Teams in California: Recruiting Roundup
As the bank's recent data leak grabs headlines, Dynasty Financial brings on one of its former reps and staff.
Prepare Your Clients for These 5 Life Events
Retirement planning is far from the only component of a robust financial plan.
House Panel Passes Bill to Boost Capital to Small Companies
Other bills aim to change treatment of municipal securities and to ensure oversight committee includes insurance expert.
Wells Fargo Data Fiasco Raises Red Flags, Demands Serious Change: Lawyer
Other bank observers point to the multiple problems exposed by the recent leak of private data of 50,000 clients and advisors.
Wells Fargo Reps: Data Leak Is the ‘Last Straw’
A recruiter describes the reactions he is getting from some wealth managers on the first business day after the news broke.
Show Me the Money: Taking the Fiduciary Debate to the Bottom Line
Part of acting in a client’s best interest is that the advisor must consider the “cost” of the recommended investments.
Wells Fargo Must Rehire Fake-Accounts Whistleblower, Pay $577K
Department of Labor made the decision Friday, when private info on 50,000 clients and advisors was released.