There's a New 'Best' Size for Optimal Growth
By Janet LevauxA new Dynasty/Advisor Growth study found that optimal size for RIAs is much greater than the industry's conventional wisdom.
August 27, 2018
Great-West Life Makes $164 Million Secured LoanThe borrower is using 16 office and industrial properties to secure the loan.
August 27, 2018
Employers Hand More Pension Risk to InsurersPlans may have about $2.8 trillion in additional risk to transfer.
August 27, 2018
SEC Fines Legg Mason $34M in Libyan Bribery SchemeA former asset management unit with the firm partnered with a French bank to bribe Libyan government officials, the SEC said.
August 27, 2018
FINRA, Exchanges Set New CAT Schedule After Missing DeadlineFINRA and national securities exchanges have failed to begin reporting consolidated audit trail data as scheduled, SEC Trading and Markets chief Redfearn said.
August 27, 2018
SEC Orders Transamerica Affiliates to Repay $97M Over Rookie's Faulty Quant ModelsThe four affiliates launched the products and strategies "without first confirming that the models worked as intended," SEC said.
August 27, 2018
As Scandals Keep Coming, Wells Fargo Names New FiNet ManagersWells Fargo will likely face recruiting difficulties "until the bad news is flushed out," recruiter Jon Henschen says.
August 27, 2018
Ric Edelman: Retirement Crisis Is 14 Years Away"An economic crisis for millions of retirees of unprecedented proportion" awaits if Congress takes no action, Edelman says.