The Daily Brief

The redesigned CFP education program is aimed at keeping busy professionals on track to pass the exam.

DeVoe & Company has added a complimentary new service called DeVoe CapitalWorks that will link advisors to banks and other lending institutions.

The firm has made 11 hires at its new St. Petersburg, Fla., headquarters and hopes to have 40 to 50 new or current employees at the new office within the year.

Luxon Financial partners with Ducera to bring investment banking capabilities to its wealth clients.

Ladenburg Thalmann Financial Services has invested in Newday Financial Technologies Inc., a San Francisco-based investing startup that offers low-cost impact investment strategies aimed at millennials.

It is also supposed to be the world's first climate-conscious ETF; ESG ratings system purveyors take notice.

Richard G. Duncan knew the investment was likely a scam, yet he failed to let his clients know, the SEC claims.

The fund giant responds to Fidelity, saying its money market fund currently yields 2.17%.

If they own small-cap index funds, chances are they are exposed, but they have a de minimis impact on investment returns, says Morningstar.

Parsons, a California team with $180 million in assets, joins Carson.