RIA M&As on a 5-Year Growth Tear: Echelon Report
Plus, the average asset level of breakaway reps is up 7% 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.
3 Ways to Beat ‘Autumn Angst’
It is possible for advisors to stay focused and get to the end of the year with success and sanity.
LPL Grabs Longtime Wells Fargo Exec to Be Chief Strategist
John Lynch was with Wells Fargo since 1996 and is now based in Charlotte, N.C.
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.
Gorman’s Brokerage Play Lifts Morgan Stanley to Higher Profits
Wealth unit reports third straight quarter of record pretax earnings; bond-trading revenue falls 21% to $1.17 billion in the period.
Complaints by Student Loan Borrowers Yield Millions in Relief: CFPB
The CFPB's annual report extols the benefits of consumer complaints, which ultimately affect policy.
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.
TD Ameritrade Is Nearly Tripling Its Commission-Free ETF Offerings
The expanded platform includes products from eight ETF providers, such as iShares and State Street.