For the owner of a multimillion-dollar company, selling by the end of 2020 could result in a much smaller tax bill than striking a deal in 2021 under new rules.
About a quarter of people with a U.S. bank account have used Plaid to connect to the roughly 11,000 financial institutions it works with.
Available to intermediaries, advisors have full discretionary oversight, but questions remain regarding demand.
The move to eliminate commissions at some brokerages will result in heightened scrutiny by FINRA examiners of alternative revenue sources, including cash sweep accounts and payment for order flow.
The majority of RIAs say the move to zero commissions would not influence their decision to use ETFs versus mutual funds, according to a TD Ameritrade survey.
Advisors can help transfer accounts from one sponsor to another.
Stocks are dropping and gold and oil are spiking after a U.S. air strike killed a top Iranian general.
The retainer-based fee movement is a growing alternative to the AUM-based model.
The brokerage eliminated commissions on most ETFs long before competitors did; now it's doing the same for stocks and options.
Fidelity finds increase in AUM and AUA year over year.
