FINRA Working to Modify Firms' SEC Texting Settlements
By Melanie WaddellFINRA will consult with the SEC to modify the "collateral consequences" of agreements made with 77 firms.
May 08, 2025
HNW Families Need Advice on Wealth TransferIn an RBC Wealth survey, 65% of wealth "givers" and 94% of receivers said they wanted professional help.
May 08, 2025
Social Security Backs Down on 100% ClawbacksIn an "emergency message" to employees, the agency ordered a 50% withholding rate for retirement benefit overpayments.
May 08, 2025
Ex-Schwab Advisor Claims Age and Sex DiscriminationThe advisor was forced to resign and replaced by a younger male counterpart, she says in a lawsuit.
May 08, 2025
Mercer Roars Past 100th AcquisitionThe milestone is important, said CEO Dave Welling, but he emphasized that organic growth also remains paramount.
May 08, 2025
Wall Street Brokers Risk Losing Billions in Fees on SEC ShiftA potential regulatory shift in favor of the ETF industry is expected to shake up the business models.
May 07, 2025
AdvicePay Buys Compensation Software FirmThe platform says the acquisition of AdvisorBOB is “a strategic step" to further help fee-based planners.
May 07, 2025
Goldman Adds Custom Public-Private Model Portfolios for RIAsRIAs can offer alternatives alongside mutual funds, ETFs and equity SMAs within models.