SEC Bars Advisor Over Cherry-Picking Scheme
By Melanie WaddellBurleson disproportionately allocated profitable option trades to his personal account and unprofitable ones to his clients’ accounts.
August 28, 2025
S&P 500 Hits 6,500 on Signs Economy in Good ShapeData shows the economy grew faster than initially estimated, underscoring the resilience of America’s consumer spending.
August 28, 2025
Record Attendance Expected at 2025 Future Proof FestivalMore than 5,000 advisors, wealth managers and other professionals are anticipated to be at the educational and networking event.
August 28, 2025
Edward Jones Lays Off Hundreds of Home Office EmployeesThis week's job cuts are tied to hundreds more voluntary separations that took placce earlier this year, the firm said.
August 28, 2025
New $6,000 Deduction for Seniors Doesn't Repeal Social Security TaxesThe recent statement that Trump's tax law "eliminated federal income taxes on Social Security" is misleading, groups say.
August 28, 2025
Former Merrill, Morgan Stanley Advisors Team Up to Launch Hybrid RIAThe independent firm is launching on the Arkadios Capital platform with more than $2 billion in AUA.
August 27, 2025
MAI Capital to Unite With UHNW-Focused Evoke AdvisorsSenior executives say the deal will elevate the scope and quality of services provided to their combined clients.
August 27, 2025
Woman Sentenced to Nearly 19 Years for Scamming California InvestorsAlma Perez promised investors guaranteed, no-risk returns, said the state's attorney general.