This story originally ran on Financial Advisor IQ sister publication Ignites. When brokers or financial advisors offer mutual funds and exchange-traded funds that are clones of one another, a recent ...

Osaic Services, known as SagePoint Financial from January 2009 to November 2023, allowed registered representatives without sufficient knowledge or experience with options trading to override trading ...

Wells Fargo’s bank-based advisors are capturing new assets through the firm’s Premier offering for affluent customers, Chief Financial Officer Mike Santomassimo said last week.

At the 2023 annual Financial Industry Regulatory Authority conference, Grewal noted the sweep on firms including Merrill Lynch, Morgan Stanley and UBS that up to that point had resulted in total fines ...

Strive Enterprises, co-founded by one-time presidential hopeful Vivek Ramaswamy and touting "unapologetic capitalism," said ...

The disclosure comes as Morgan Stanley faces at least three putative class-action lawsuits over its sweep rates plus a fourth ...

Furthermore, high-net-worth investors make up 37% of private wealth managers' clients — compared to just 7% of case-based ...

Launched in 2016 in a purported bid to automate so-called "ethical investing" while offering "halal portfolio management" and ...

Dynasty says it aims to ensure "custom-fit" advisor-client matches through its Dynasty Connect end-client referral program, ...

GYL's addition also brings the total number of Colony's offices to 100 across the United States, according to Focus. As part ...

When the DOL unveiled the revamped rule roughly a year ago, President Joe Biden took an active part in its rollout, and the agency framed it as part of the administration's broader war on hidden fees.

Voters in Illinois have approved a non-binding measure to tack on an additional 3% tax for those earning more than $1 million, according to news reports. The measure, which called for using the ...