Millionaire Tax Vote Opens Door to New Clash Over Chicago Wealth
By Miranda DavisIllinois voters will weigh in on a proposed extra levy of 3% on annual incomes of over $1 million that aims to lower property taxes.
October 31, 2024
Kentucky Advisor Fined Over Bourbon-Tasting BusinessThe advisor didn't get written approval from Edward Jones but firm members attended a tasting, according to FINRA.
October 31, 2024
LPL Discloses $18M Charge, but No Arnold Updates on Q3 CallThe firm, now led by Rich Steinmeier, expects an SEC settlement related to anti-money laundering controls.
October 30, 2024
Cetera Launches Regulatory Risk-O-MeterThe new resource is designed to help advisors measure and navigate developing regulatory risks.
October 30, 2024
BlackRock in Advanced Talks to Buy Private-Credit Firm HPSThe deal would leave BlackRock, which managed $11.5 trillion as of Sept. 30, with more than $500 billion in alternative assets.
October 30, 2024
Fidelity Sued Over Money Market Fund Fees"Retail class" shareholders who meet requirements for premium shares are being overcharged needlessly, the suit contends.
October 30, 2024
Fixed Income Investors Should 'Brace for More Downside Volatility': Neuberger BermanBonds have sold off over the past month, pushing the U.S. 10-year yield above 4% for the first time since early August.
October 30, 2024
Capital Group, KKR Partner to Debut Funds for Wealthy InvestorsTheir two funds will be sold through financial advisors and will allocate about 60% of assets to public credit and 40% to private credit.