Western Asset to Pay $100M in SEC Settlement Over Leech Trades
By Silla Brush and Ava Benny-MorrisonThe settlement resolves an investigation related to trading practices of the firm's onetime star manager Ken Leech.
June 05, 2026
SpaceX IPO Brings 'Prime Time' for Financial Advisors Ahead of Wealth SurgeMany of the firm's thousands of employees will finally be able to sell shares into the public market.
June 05, 2026
Veteran UHNW Leader Named President of Beacon TrustAnnamaria Vitelli has also been named Provident Bank's new chief wealth officer.
June 04, 2026
Continental General Acquires More Lindberg Company PoliciesThe acquirer now is handling 151,000 products sold by Global Bankers affiliates.
June 04, 2026
4 Strategies to Avoid Late-Payment Penalties After Filing an ExtensionPlans to address potential liability can be part of a holistic tax management strategy for clients and their advisors.
June 04, 2026
Most Clients Who Fire Their Advisor Don't Get a New One: StudyProblems with communication and advice quality are top drivers of client turnover, Morningstar finds.
June 04, 2026
After OBBBA, Some Wealthy Clients Have Estate Planning RegretsClients who rushed to give assets to children may be having second thoughts.
June 04, 2026
Debate: Do Taxpayers Benefit From 'Alternative' Health Plans?These options are not required to provide essential health benefits and can impose annual or lifetime caps.