SEC Hits RIA With $430K Marketing Rule Fine
By Melanie WaddellPacific Financial's hypothetical performance ads were disseminated on its website rather than to an intended audience.
August 08, 2024
Tim Walz Discloses Net Worth Under $1M, Says He Owns No StocksHis GOP counterpart, Sen. JD Vance, disclosed a net worth between $4.3 million and $10.7 million.
August 08, 2024
Bullish Advisor Sentiment Collides With Market VolatilityIn a recent survey, only 9% of respondents said they expected a correction, though volatility concerns ran high.
August 08, 2024
Aetna May Let Medicare Plan Enrollment Fall 10% in 2025Older clients may see their plans getting a lot leaner this fall.
August 08, 2024
Ex-Vanguard Strategist Launches Fractional CIO Firm for RIAsDon Bennyhoff, co-creator of Advisor's Alpha and a former RIA exec, seeks to serve planning-centric advisors.
August 08, 2024
Advisors' Biggest Problem With the SEC's Marketing RuleA new survey finds more than a third of firms are unclear on the meaning of one key term.
August 07, 2024
Dimon Says He's Skeptical Inflation Will Return to Fed's 2% TargetThe head of JPMorgan has been warning for more than a year that inflation may be stickier than investors expect.
August 07, 2024
SEC Probes Morgan Stanley, Wells Fargo Over Cash Sweep AccountsThe disclosures come as several firms face lawsuits saying they raked in profits while paying miserly interest rates.