Shaping Wealth Launches New Advisor AI Support Tool
By John ManganaroThe tool, called Lydia, helps advisors navigate hard conversations, use behavioral marketing and measure clients' money status.
March 18, 2024
Nationwide Offers Advisors Morningstar Tools for Plan Sponsor ClientsNationwide now offers Morningstar's advisor managed accounts service to advisors with employer retirement-plan clients.
March 18, 2024
Cambridge Says It's Under FINRA Review, Plans $500,000 RestitutionThe firm's procedures for providing fee waivers, rebates and discounts through rights of reinstatement are under scrutiny.
March 18, 2024
FINRA Levies First Enforcement Action in Finfluencers SweepM1 Finance will pay $850,000 over deceptive social media posts by influencers, FINRA says.
March 18, 2024
SEC Fines Two Firms for Bogus AI ClaimsThe firms made false and misleading statements about using AI, the SEC says.
March 18, 2024
BBVA Opens Miami Advisory for Wealthy Latin American ClientsThe Spanish bank already offers international wealth services in Spain and Switzerland.
March 18, 2024
States to Send New CEO Into Annuity Sales Standards FightThe NAIC has picked Gary Anderson of Massachusetts to lead its staff.
March 15, 2024
Advisor Accuses LPL of 'Raiding' His Firm in RetaliationThe wealth manager alleges that LPL retaliated after he started looking for another broker-dealer.