Schwab Model Portfolios Now on Envestnet Platform
By Janet LevauxThe new Schwab Model Portfolios for RIAs, available upon request, include seven risk-based allocations with a behavioral overlay.
August 25, 2020
Wells Fargo to Pay $7.8M in Back Wages Over Hiring DiscriminationThe decision affects some 34,200 African Americans and 310 women who applied for banking, administrative and other jobs.
August 25, 2020
RIAs Adding Clients, Boosting Revenue During Pandemic: TD AmeritradeThree in five advisors say they've continued to bring in new clients, a survey finds.
August 25, 2020
Hightower Strikes 6th Deal of 2020 in North CarolinaIts investment in a $1.3 billion wealth firm comes just two weeks after it bought a stake in a Texas group.
August 25, 2020
NAIC Adopts Artificial Intelligence PrinciplesOne goal is to keep AI systems from hiding illegal forms of discrimination.
August 25, 2020
Top Texas Insurance Regulator to Give Up Post in SeptemberKent Sullivan previously worked as a lawyer.
August 25, 2020
Ending Payroll Tax Would Drain Social Security by Mid-2023The Social Security actuary analyzed the effects of eliminating the tax, which President Trump has said he would do if reelected.
August 24, 2020
Shake-Up Coming to Dow Jones Industrial AverageThree firms — including a major energy player — are out, as their replacements join the 30-component index.