Morgan Stanley to Buy E-Trade for $13B
By Janet LevauxThe tie-up could create a firm with $3 trillion in assets vs. Charles Schwab-TD Ameritrade's potential $5 trillion.
February 19, 2020
LPL Says Tech Update Makes It 'Easier to Turn Prospects Into Clients'The independent broker-dealer explains how a new integration has improved its ClientWorks advisor platform.
February 19, 2020
Carson Group to Slash Tech Costs for Partner FirmsThe initiative is set to take effect April 1 for most technology costs, according to the Omaha-based company.
February 19, 2020
UBS Snatches $6B Wealth Team From GoldmanThe under-50 duo of Denis J. Cleary and Gregory M. Devine also have about $20 million in yearly fees and commissions.
February 19, 2020
Dually Registered Firm Penalized for 12b-1 Fee InfractionsBPU Investment Management purchased, recommended or held mutual fund share classes that charged 12b-1 fees instead of lower-cost ones.
February 19, 2020
Fund Managers' Bullishness Tapers Off in February: BofA SurveyCoronavirus fears cut into growth estimates and lead to first drop in fund manager expectations since last October.
February 19, 2020
FINRA Orders Stifel to Pay $500K in Customer DisputeClient claimed firm's rep "mishandled" her account via "unsuitable, unauthorized, and excessive trading."
February 19, 2020
High-Income Tax Evaders Can Expect IRS Home VisitIRS to boost face-to-face visits with taxpayers earning $100,000 or more that did not file a tax return.