Democrats Block Votes on GOP Stimulus, PPP Bill in Senate
By Melanie WaddellMcConnell planned a vote on the $500 billion GOP plan even as Speaker Pelosi and the White House continued to negotiate.
October 20, 2020
UBS Wealth Reports Dwindling Advisor Headcount, Asset Outflows in AmericasThe third-quarter results contrast with figures shared by rivals Merrill and Morgan Stanley.
October 20, 2020
Schwab: Employees With Company Stock Plans Welcome More Financial AdviceEquity compensation is increasingly important for attracting and retaining talent, especially millennials, Schwab survey finds.
October 20, 2020
Fidelity: Participants in Both 401(k)s, Stock Plans Save More for RetirementWorkers with dual participation are likelier to take advantage of financial advice, Fidelity research shows.
October 20, 2020
Ex-SagePoint Rep Invested Clients' Funds in Sham Pension SchemeThe former broker invested $210,000 of his client's money in private securities transactions without his firm's approval, FINRA says.
October 20, 2020
Hightower Adds $800M Texas RIAThe RIA consolidator says it has taken a "significant" equity stake in Hart Financial Group, its eighth transaction this year.
October 20, 2020
Goldman Sachs to Pay $2.8B Over 1MDB Scandal: ReportThe scandal involves a sovereign wealth fund that was tied to money laundering.
October 20, 2020
ICI Names New CEOEric Pan will assume his new role on Nov. 9, succeeding the group's longtime leader, Paul Schott Stevens.