Morgan Stanley to Complete E-Trade Purchase Oct. 2
By Janet LevauxThe Federal Reserve approved the $13 billion deal while also giving a thumbs-up to the $26 billion Schwab-TD Ameritrade transaction.
September 30, 2020
Schwab-TD Ameritrade Deal to Close Oct. 6The full integration of the two firms, though, is expected to take at least 18 months.
September 30, 2020
Cambridge Takes Stake in $4B Broker-DealerThe IBD acquired "limited assets" of the boutique firm, while FCG founder John Combias will maintain control.
September 29, 2020
Envestnet Brings On Dana D'Auria as Co-Chief Investment OfficerHer hiring comes two months after Dani Fava, formerly with TD Ameritrade, was named the firm's head of strategic development.
September 28, 2020
State Securities Regulators See Spike in Unregistered Advisor CasesNearly 30 jurisdictions have enacted rules or legislation based on NASAA's model rule to help prevent financial exploitation of older investors.
September 28, 2020
SEC Sets Date for Reg BI, Form CRS RoundtableSEC and FINRA staff will discuss "initial observations" of compliance with the best-interest rules.
September 24, 2020
Why Advisors Are Still a Long Way From Embracing AI: SchwabWe're still "early on in building the business case" for advisors, Schwab managing director Kyle Caffey says.
September 24, 2020
4 Ways to Build a Happier Firm CultureMany firm leaders believe compensation is the key of having a strong, positive culture. It's not.