Advisors
News updates, trends and analysis on financial advisors, investment advisors (RIAs), and financial planners (CFPs).
Couple Bilked in $29M Ponzi Scheme Sues Advisory Firm
By Jeff BermanThe firm didn't supervise an advisor who paid for planes and mistresses with client money, a lawyer says.
May 22, 2023
Wells Fargo Rep Made His Friend a Client's Beneficiary: FINRAThe regulator has suspended the broker for 45 days and fined him $5,000.
May 19, 2023
What Gorman's Departure Means for Morgan Stanley AdvisorsJames Gorman created a "steady path" for the wealth business, industry pros say. Will his successor follow it?
May 19, 2023
Carson Group Taps Trust & Will Capabilities for AdvisorsCarson advisors can now create ready-to-execute estate planning documents in every state.
May 19, 2023
9 Weird Social Security Rules That Can Surprise Married CouplesHelping couples navigate the Social Security benefits claiming process is no mean feat.
May 19, 2023
Waiting to Fix Social Security Just Increases the Pain, GAO WarnsThe earlier the course correction, the more gradually changes can be phased in, giving workers time to adjust.
May 18, 2023
First Command Sues LPL Over Alleged Advisor PoachingThe military-focused firm says LPL recruited three of its advisors and caused them to violate agreements.
May 18, 2023
This 'Big 5' Personality Trait Is Linked to Wealth, New Research ShowsA growing body of research suggests certain personality traits can either help or hinder wealth accumulation.