LPL Adds $1.15B Wells Fargo FiNet Team in California
By John ManganaroTownsgate Wealth Management, founded in 2016, has grown into an ensemble practice serving wealthy investors.
February 27, 2025
State Street, Apollo Debut Private-Debt ETF in Breakthrough“This represents a seismic shift,” wrote Morningstar analyst Brian Moriarty.
February 27, 2025
Senate Panel OKs Labor Secretary NomineeThe Senate HELP Committee voted 14-9 Thursday to approve the nomination of Lori Chavez-DeRemer.
February 26, 2025
Robinhood Closes TradePMR AcquisitionAcquisition of the $40 billion RIA platform aims to accelerate Robinhood’s delivery of investment advisor capabilities to clients.
February 26, 2025
This New Definition Could Hurt Some Annuity Issuers' Safety ScoresAn analyst thinks tougher rules could hit structured securities harder than private credit.
February 26, 2025
Social Security Administration May Face 50% Workforce CutThe acting SSA chief requested that managers present a plan for a 50% staff reduction, The American Prospect reports.
February 26, 2025
Betterment Acquires Ellevest's Automated Investing BusinessEllevest will continue to offer financial planning and wealth management services to high-net-worth clients.
February 26, 2025
Judge Denies Ameriprise Restraining Order Against 3 Advisors Who Left for LPLAmeriprise failed to demonstrate that its case against LPL is likely to succeed, the judge ruled.