JPMorgan Embraces Family Offices, With 'Very Tailored' Advice
By Jane Wollman RusoffThey offer such bespoke services as cybersecurity advisory and matrimonial planning, practice head William Sinclair says.
May 01, 2024
Cetera Releases Active ETF Recommendation List for AdvisorsThe vetted list features 50 active ETFs across 26 equity, fixed income and alternative asset classes, Cetera says.
May 01, 2024
Schwab Charity Funnels $250M to Right-Wing CausesThe donor-advised fund gave $141 million to a group tied to activist Leonard Leo between mid-2022 and mid-2023.
May 01, 2024
Fed Flags Lack of Inflation Progress but Signals Hikes UnlikelyOfficials unanimously decided to leave the target range for the federal funds rate at 5.25% to 5.5%.
May 01, 2024
15 U.S. Cities Where It Takes the Most Income to Be Middle ClassIn six cities, a household can bring in more than $300,000 and still fit the definition, SmartAsset found.
May 01, 2024
Former Merrill Advisor Sues Over Unvested CommissionsKelly Milligan contends he had to forfeit over $500,000 in deferred commissions.
May 01, 2024
Lawsuit Cuts Equitable's $1.3B Gain on a Universal Life Price HikeThe firm's first-quarter results include $106 million in legal expenses related to a class-action settlement.
May 01, 2024
Fiduciary Rule Lawsuit? Bring It, DOL Chief SaysActing Labor Secretary Su says the rule can withstand a court challenge. A GOP congressman isn't so sure.