Broker Barred for Concealing Commissions From Native American Tribe: Enforcement
By Emily ZulzMeanwhile, a firm principal was barred for falsely claiming the firm had enough assets to register with the SEC.
January 16, 2019
BofA's Wealth Unit Boosts Profits 43%: Q4 EarningsMerrill Lynch chief Andy Sieg says it intends to stay in the broker protocol for recruiting and stay out of the independent channel.
January 16, 2019
Corporate Boards Making Little Progress in Adding Women: MSCIAt this rate, the share of directors who are women won't hit 30% until 2029.
January 15, 2019
Wells Fargo, Advisor Headcount Still in Trouble: Q4 EarningsThe bank will limit asset growth in 2019; meanwhile, another San Francisco-based wealth firm tells a rosier story.
January 14, 2019
DOL Rollover Guidance Expected After SEC Releases Reg BILabor will need to clarify what constitutes fiduciary advice and when brokers need exemptive relief, Stradley lawyers write.
January 14, 2019
RIA M&A Deals Set Record High (Again) in 2018: Echelon PartnersA total 181 deals were completed — a sixth consecutive annual high, the firm reports.
January 14, 2019
Carson Taps American College Prof to Lead New Retirement EffortJamie Hopkins was an associate professor of taxation at The American College of Financial Services.
January 14, 2019
Envestnet Says Yodlee CEO to DepartEnvestnet says Yodlee's sales have nearly doubled since it purchased the firm.