Schwab Earnings Top Estimates on Record Inflows
By Paige SmithTotal client assets were $10.1 trillion, after passing $10 trillion for the first time in November.
January 17, 2025
Vanguard to Pay $106M to Settle Charges Over Misleading StatementsThe settlement is tied to tax bills some clients received after others switched to lower-cost funds.
January 16, 2025
Rep Violated Reg BI With Excessive Trading in Older Clients' Accounts: FINRAThe rep was suspended and ordered to pay more than $27,000 in restitution.
January 15, 2025
Wells Fargo Shares Rise on Cost CutsThe bank's expenses dropped 12% in Q4 as CEO Charlie Scharf continues to whittle headcount.
January 15, 2025
Ex-Wells Fargo Executives Face Millions in Fines for MisconductA 2020 investigation by the OCC concluded that the executives opened millions of unauthorized customer accounts.
January 14, 2025
Share of Advisors Using Crypto Doubled in 2024: SurveyTwenty-two percent of survey respondents said that they had allocated to digital currency in client accounts.
January 14, 2025
IRS Releases Roth Catch-Up GuidanceNewly proposed regulations answer some major questions created by Secure 2.0.
January 13, 2025
Jeremy Siegel: Beware of 'Overly Optimistic' Growth ExpectationsA market correction is possible as investors adjust to more moderate returns, the Wharton economist says.