The Daily Brief

Wage pay gap biggest for female financial advisors, industry group advocates to save retirement accounts and Trust Company of America launches ETF Custody Advantage.

Venture capital in fintech companies may have reached its peak, Raymond James now has more advisors than UBS and study finds investors are using ETFs for short-term trading.

Wealth management lags behind banks in digital offerings, financial advisors should meet clients' children early and FTJ FundChoice launches a new SMA program.

The "Money Guys" have been barred from investment advice, Morgan Stanley gives more clients debit cards and FinMason launches FinRiver.

Falling HNW earnings lead to California budget shortfall, advisors might not be ready for the DOL rule and global consumers warm to robo advice.

Millennial parents are saving for their children's college education, Fi360 tool helps advisors pick investments and Oranj integrates with DocuSign.

Investors are overwhelmed by ETFs, SEI's new headquarters includes an "IdeaFarm" and the Fearless Girl statue gets an extended stay on Wall Street.

Bitcoin scams on the rise, helicopter parents have a negative impact on children's financial habits and a New Jersey-based Morgan Stanley team leaves for Merrill Lynch.

Alexander Acosta's confirmation gets heated over the fiduciary rule, look for nextgen clients on Snapchat and wealth building tips from millionaires.