Annuity Advisor Settles With SEC Over Product Recommendations
By Allison BellRaymond Lent should have considered offering clients fee-based contracts, agency officials said.
May 21, 2024
Mercer's Magic Formula for Growing Assets Over 50% in 18 MonthsKey ingredients include in-house estate and tax planning, as well as employee-advisors 100% focused on serving current clients.
May 21, 2024
Targeting Wealthy Clients, Commonwealth Teams With iCapital on Alts OfferingsCommonwealth says the partnership will help it meet growing demand for alternative investments.
May 21, 2024
FDIC Chair to Step Down After Scathing Report on 'Sexualized' CultureMartin Gruenberg says he's prepared to step down once a successor is confirmed.
May 21, 2024
Orion Wealth Names New PresidentRon Pruitt joins Orion from Nasdaq Analytics, where he was president.
May 21, 2024
FINRA Sanctions Firm, CEO for Reg BI ViolationsCEO Yong Soo Kim, who is also the firm's chief compliance officer, was suspended for two months.
May 21, 2024
Wade Pfau Makes Case for RILAs as Income ProtectorsHis modeling shows how partial protection against market downturns could boost portfolio performance.
May 20, 2024
Ex-Advisor Who Lied About Attempting Suicide Gets 3.5 Years for Bilking ClientThe client faced home foreclosure after the advisor failed to make mortgage payments as promised, the DOJ says.