Lawsuit: Schwab, BofA Failed to Protect Older Couple Scammed Out of $18.5M
By Dinah Wisenberg BrinA fraudster persuaded an 84-year-old Schwab customer to transfer millions of dollars to outside accounts, the suit says.
October 24, 2024
Merrill Holds Advisor Pay Steady for 2025Changes made to the comp plan in 2024 were successful, advisor program head Tim Shook says.
October 24, 2024
Ameriprise Advisors' Assets Top $1 Trillion: Q3 EarningsThe firm's advisor headcount stands at 10,358, up from last year but down from the second quarter.
October 24, 2024
State Regulators Find Fraud on the Rise in Digital Assets, Social MediaPublic tips and investor complaints are also rising, according to NASAA.
October 23, 2024
Raymond James Tops Estimates, Adds 75 Reps in Latest QuarterIts private client assets jumped 25% from a year ago to $1.5 trillion.
October 23, 2024
Advisors Encourage Clients to Create Estate Plans, but Many Don't Have OneA quarter of advisors not affiliated with Trust & Will have no estate plan, a survey finds.
October 23, 2024
Fidelity: RIA Deal Size Rises, Volume Eases in 2024The asset manager sees the slight pullback in M&A volume as a sign of marketplace health.
October 23, 2024
Leading RIAs, Wealth Managers Launch 'Net Positive' ConsortiumMariner Wealth, Wealthspire and AdvoKate IQ are among the founding members.