LPL Eyes Midwest Base With Waddell & Reed Deal
By Janet LevauxThe broker-dealer also expects little to no repapering for W&R clients and that it will retain 70%-plus of W&R's 921 advisors.
December 08, 2020
Long-Term Care Planning Firm Sees Life-LTC Hybrid Prices RisingMAGA says it has received one 2021 price increase notice and expects to get more.
December 08, 2020
Social Security Advocates Push for 3% COLA in 2021An emergency measure to increase the 2021 COLA from 1.3% could be included in a spending bill that must pass this month.
December 07, 2020
Medicare Plan Players May Have Gotten Consumers' AttentionGoogle search activity for "Medicare Advantage" seems to be about 13% higher than it was a year ago.
December 07, 2020
Merrill to Pay Record $26M to Settle Churning CaseThe firm failed to supervise an ex-broker who allegedly traded excessively in clients' accounts without authorization, New Hampshire regulators say.
December 07, 2020
Outages at Interactive Brokers, Robinhood Annoy InvestorsProblems at Interactive Brokers follow Friday's news that it's buying Folio's DIY investor unit from Goldman Sachs.
December 07, 2020
$3.75B Breakaway RIA Moves to PershingBoston-based Mayflower Advisors spent the past 15 years with Wells Fargo Advisors Financial Network.
December 07, 2020
Goldman Plans to Move Asset Managers From New York to This StateThe deliberations at the Wall Street icon, often a trendsetter for the industry, are aimed at cutting costs.