SEC Chief Wants Public Input on a New Fiduciary Rule Before Starting
By Bernice NapachIn his first major speech as chairman, Jay Clayton also suggested easing disclosure requirements for publicly traded companies.
July 11, 2017
FSI Cheers Demise of Bill to Tax Investment Managers in IllinoisFSI members organized as LLCs, LPs or LLPs would have faced stiffer taxes, the lobbying group says.
July 10, 2017
How to Move Upmarket With Clients and AssetsA new Cerulli report suggests ways for advisors to identify mass affluent clients who have the potential to accumulate millions more in assets.
July 10, 2017
HighTower Nears $50B Mark, Adds 3 ExecsThe firm hires George Fischer, Susan Krakower and Kyle Okimoto, who have worked for Merrill Lynch, E-Trade and CNBC.
July 10, 2017
Schwab Expands Commission-Free ETF OfferingsSchwab has added 15 ETFs to the platform, including stock, bond and commodity ETFs, plus one focused on MLPs.
July 10, 2017
280 CapMarkets Launches Muni Bond Trading and Pricing Platform for AdvisorsThe platform will provide access to essentially the entire muni market as well as price transparency.
July 10, 2017
Bernard Health Expands Partnership With Financial Advisors: Portfolio ProductsAlso, MSRB launched a free, scenario-based course to educate advisors and investors about municipal bonds.
July 06, 2017
Raymond James Adds $1B RIA Partner in Texas: Recruiting RoundupMeanwhile, First Republic Bank brings on two wealth teams from UBS and Merrill Lynch in the Golden State.