Schwab Exec Outlines Service 'Challenges,' Plans for Improvement
By Jeff BermanThe company is reviewing some decisions related to the TD Ameritrade integration to improve client service, CEO Bettinger says.
February 03, 2021
Advisor Group Names Ford Head of Advisor EngagementEarlier, the industry veteran was CEO of KMS Financial, a broker-dealer acquired by Advisor Group from Ladenburg Thalmann.
February 02, 2021
Warren to Join Senate Finance Committee, Plans to Introduce Wealth Tax"Wealth tax" legislation aims to impose a two cent tax on every dollar of individual wealth over $50 million, and an extra surtax on every dollar of wealth over $1 billion.
February 02, 2021
TrueChoice Adds Advice Platform: Annuity MovesMetLife has a big pension deal, Pru is teaming up with NextCapital, and Harry Stout has published a book.
February 02, 2021
New York State Imposes 'Unauthorized' Insurer Penalty on AIGThe action involved the sale of a large group annuity.
February 02, 2021
Wells Fargo Cuts 320 Brokerage Jobs in Virginia: ReportNumber of staff in the Wealth and Investment Management unit was 29,515 as of Dec. 31, 2020 — down by 1,303 from the prior year.
February 02, 2021
Schwab's CEO Clarifies Its Response to Reddit-Inspired RallySchwab and TD Ameritrade did "restrict certain advanced options strategies," CEO Walt Bettinger said about the firms' actions last week.
February 02, 2021
Bitwise Plans to Launch Public Bitcoin FundThe fund would have a 1.5% expense ratio. Fidelity Digital Asset Services would be its custodian.