BD Hit With Reg BI Fine Over Annuity Exchanges
By Melanie WaddellAAG Capital recommended swapping life insurance policies, fixed indexed annuities and VAs for more costly RILAs.
May 28, 2025
Ritholtz Wealth Opens New Chicago OfficeThe new location hosts 13 full-time employees, with plans to expand soon.
May 28, 2025
F&G Annuities Cuts 192 JobsCompany executives have talked about the need to take a disciplined approach to operating expenses.
May 28, 2025
Two Client Couples Sue Advisor Over Risky StrategiesThe advisor recommended triple-leveraged ETFs and let an algorithm panic-sell clients' stocks, the suit alleges.
May 28, 2025
Ex-Marine Conned Fellow Veterans in Ponzi Scheme, SEC SaysChristopher Aubin is accused of defrauding 24 investors, including two veterans he served with, out of $2.5 million.
May 28, 2025
Stop Taxing Expats on Foreign Income, Groups Say as Senate Weighs Tax BillAmericans living abroad should be taxed only on U.S.-sourced income, advocacy groups argue.
May 28, 2025
Cantor Fitzgerald Agrees to Buy UBS Hedge Fund UnitThe deal includes O’Connor’s six investment strategies, which have about $11 billion in assets.
May 28, 2025
Rush to Launch Vanguard-Style Funds Draws WarningsAdding ETF share classes to mutual funds could mean taxable gains get passed on to ETF investors.