Robinhood Is Latest Firm to Be Sued Over Cash Sweep Program
By Melanie WaddellThe 0.01% interest rate for customers who don't pay a fee is a Reg BI violation, the suit claims.
October 28, 2024
Ameriprise CEO Says Advisor Recruiting Market Is 'Frothy'; New Products on the WayAmeriprise is now making fewer, but larger, deals, Jim Cracchiolo says.
October 28, 2024
Ameriprise Plans to Keep Its Long-Term Care Insurance BlockTo company analysts, the market for LTC risk transfer deals looks immature.
October 28, 2024
NYSE to Extend Trading to 22 Hours a Day on Arca ExchangeThe move, subject to regulatory approval, would permit stock and fund trading beyond the normal 9:30 a.m. to 4 p.m. window.
October 25, 2024
How an RIA Serves Ultra-Wealthy Clients by Catering to Advisors"Everyone focuses on clients," Aspiriant CEO Rob Francais says. "But we also focus on the trusted advisor's experience."
October 25, 2024
5 Growth Strategies for Independent RIAsFrom hiring to marketing to tech, any growth strategy must prioritize client needs.
October 25, 2024
Vanguard to Close Legacy Mutual Fund Platform by End of 2025The move isn't a surprise but is aggressive and, for many investors, unwelcome, one Vanguard watcher says.
October 25, 2024
5 Industries With the Most at Stake in the Presidential ElectionFrom financial services to health care and other fields, there will be clear business consequences to the upcoming election results.