In a statement before the Senate Finance Committee, XYPN co-founders Michael Kitces and Alan Moore said a provision in the Retirement Security and Savings Act would unfairly benefit record-keepers and could result in conflicted advice.

Connecticut is now the 16th state to pass legislation based on the National Association for Insurance Commissioners' model rule, which intended to align state annuity rules with Reg BI.

Many Wall Street firms are hurriedly reworking their plans, either pushing back the date when they expect staffers to return or requiring workers to get vaccinated.

Wealth Partners Capital Group continues to hold a minor stake in the $12 billion MAI Capital.

The SEC argued that ISC, with more than $1 billion AUM, also failed to self-report during the SEC's Share Class Selection Disclosure Initiative even though it was eligible to do so.

Leo Group, The Capital Company and BFT Financial Group merged to form $4.3 billion Leo Wealth to better serve international wealth.

The advisor moves, mergers and acquisitions you may have missed the week of Aug. 9-13, 2021.

RIA consulting firm FP Transitions has tapped Scott Leak, whose institutional sales role at TDAI was cut in the wake of Schwab's acquisition, as a senior consultant.

Melanie Senter Lubin will succeed current President Lisa Hopkins, West Virginia’s senior deputy securities commissioner, after NASAA's annual meeting in September.