Wirehouse Comp Plans for 2024: What's In, What's Out
By Jeff BermanExperts weigh in on payout changes at Merrill, Morgan Stanley and UBS and what they mean for financial advisors.
November 08, 2023
Hightower Acquires $2.5B RIAThe wealth management firm adds Resource Consulting Group, a fee-only concern based in Orlando, Florida.
November 08, 2023
Gundlach: Recession Will Crush 'Magnificent 7' Stocks in 2024"I would get out of them," Gundlach said, discussing what stock investors should buy instead.
November 08, 2023
CD Issuers Will Keep Struggling to Match Annuity Rates: David LauDPL Financial Partners' CEO predicts that the nature of banks' assets will limit their ability to increase rates.
November 08, 2023
18 Trade Groups Press DOL to Extend Fiduciary Rule Comment PeriodThe plan "makes significant and unanticipated changes to the current regulatory framework," groups including SIFMA argue.
November 08, 2023
Citigroup to Pay $25.9M for Armenian-American DiscriminationFrom 2015 to 2021, it singled out credit card applicants suspected of being of Armenian descent based on their surnames.
November 08, 2023
Medicare Agency May Slash 2025 Broker Support Services PaymentsThe proposal would kill the current compliance support system and lead to increased premiums, a benefits group executive says.
November 07, 2023
New DOL Fiduciary Rule Will Face Lawsuit, Former Treasury Official SaysLawsuits tanked the 2016 rule, but the new one is "less broad," Ben Harris of Brookings says.