The Daily Brief

Dads are seemingly delusional about the prospect of their kids playing a college or professional sport and they spend accordingly.

LifeYield is expanding access to its tool for drawing down accumulated assets.

Setting a record in his $30 million submersible, Vescovo descended nearly 7 miles to the Challenger Deep in the Mariana Trench.

Most Americans don't use 529 plans, and many don't even know what they are.

There's no need to be part of the Protocol for Broker Recruiting Agreement because advisors have chosen HighTower for the long-term, its CEO said.

Zaim Hajdari, president of The Hajdari Group, says InvestHalal will serve a need for Muslim-Americans wishing to practice Shariah-compliant asset management.

LifeYield, Oranj, Redtail and others have partnered with the digital recruitment platform to amplify its advisor-centric approach.

Gov. Phil Murphy said the bill runs counter to the state's efforts to improve consumer protections, including its recent fiduciary rule proposal for financial advisors.

A Columbia Threadneedle Investments survey finds almost all advisors know about strategic beta investing, but few are confident in implementing it.

The firm will launch a trust company to bring more services to its wealth management clients in the country.