Financial Trade Groups Blast Independent Contractor Bill
By Melanie WaddellThe PRO Act, which passed the House Tuesday, would classify independent financial advisors as employees, the groups say.
March 09, 2021
Riskalyze Introduces New Tool to Help Advisors Pick TechBuild My Tech Stack helps advisors avoid building a "FinTech Frankenstein" that doesn't work properly, Riskalyze says.
March 09, 2021
Digital Financial Firm SoFi Buys a Bank, Seeks National Bank CharterThis is the latest move in the firm's strategy to become a comprehensive personal finance platform.
March 09, 2021
Cetera Buys $490M BD, RIA in PhiladelphiaThe purchase of Magis Financial Partners was finalized March 1, Cetera says.
March 09, 2021
Creative Planning Offers Equity to EmployeesInitially, the firm is offering equity to about 10% of the firm's workforce.
March 09, 2021
Fidelity Expands SMA LineupManaged accounts are "where we think the growth will be," Fidelity's senior VP of Portfolio Solutions says.
March 09, 2021
FINRA Looks at Reg BI in Light of GameStop FrenzyFINRA will consider whether Reg BI applies to game-like features in trading apps, CEO Robert Cook told Sen. Elizabeth Warren.
March 09, 2021
Grim COVID-19 Scenario Could Cut Pension LiabilitiesBut, in Club Vita's sunniest scenario, the pandemic could give sponsors a good kind of actuarial headache.