The 15-member Commission on Sanctions and Fitness will also look to revise the standards for those who are hoping for CFP certification.

The SEC announced it is monitoring the volatility in the options and equities markets.

In the midst of its integration with TD Ameritrade, Schwab is facing angry advisors fed up with poor service.

The firm said high volume may have curtailed access to its mobile app and urged clients to use its other platforms.

Even day traders and people who prefer set-and-forget index fund investments have come to realize that there’s a lot more components involved in building wealth.

In this week's fund news, advisors' most highly traded securities of 2020, Vanguard's 10 basis-point, active ETF and a look at Schwab's new low-cost variable annuities.

Schwab admitted it is providing advisors with poor service lately, but its ongoing integration with TDAI isn't to blame, it said.

Los Angeles-based Lido Advisors added approximately $2 billion in new assets in 2020.

Paul Lofties, who had been with Securities America since 2003, left the firm in December, and plans to join an advisor coaching and consulting firm.