New Bill Would Cut Thresholds for Accredited Investors
By Melanie WaddellThe bill runs counter to the SEC's stated goal of increasing the income and net worth thresholds.
April 19, 2023
Morgan Stanley Profits Drop Despite Strong Wealth ResultsThe wirehouse aims for its wealth management business to bring in $1 trillion in net new assets every three years.
April 19, 2023
Senate Panel to Consider Su's Labor Secretary Nomination ThursdayJulie Su has faced Republican criticism for supporting a California law classifying more independent contractors as employees.
April 19, 2023
Biden Order Could Create Federal Long-Term Care Benefits DemandSome federal contractors are supposed to consider adding LTC support.
April 18, 2023
House Dems Revive Bill to Close Carried-Interest LoopholeThe Ending Wall Street Tax Giveaway Act would tax carried interest as ordinary income.
April 18, 2023
Betterment to Pay $9M SEC Fine for Tax Loss Harvesting MisstatementsTechnical issues cost 25,000 clients a total of $4 million in tax savings, the regulator said.
April 18, 2023
Buy Stocks. Do Nothing. Profit.This approach beat the S&P 500 over decades on a risk-adjusted basis, Morningstar research finds.
April 18, 2023
Atria Buys $15B Firm From KestraWith the addition of Grove Point, formerly H. Beck, Atria's operations should include about 2,700 financial professionals.