The latest Reg BI guidance addressed whether clients can 'waive' the rule's protections, whether affiliated firms can submit separate CRS forms, and whether firms have to build entirely new systems and processes to be in compliance.
Santa Clarita, Calif.-based Criterion Wealth Management Insurance Services recommended private real estate funds but failed to disclose 'significant' financial conflicts of interest, the SEC claims.
Captrust Financial Advisors' first acquisition of 2020 is $654 million AUM Fountain Financial Associates.
Groups such as the Heritage Action for America, FreedomWorks, Americans for Tax Reform and the National Black Chamber of Commerce call the SEC's proposal an "expensive 'solution'" to a "potentially non-existent 'problem.'"
Eager to add assets, the advisor-focused custodian is modifying its onboarding requirements.
Synergy Wealth Alliance has plans to double its firm every 36 months.
Current head of Wells Fargo's wealth unit Jon Weiss will move to the corporate and investment banking division, as part of a larger reorganization at the bank. The search for a replacement is under way.
John Bahnken said the merger between Citizens Bank and RIA Clarfeld Financial Advisors could be a successful example of a bank/RIA partnership.
A new Vanguard Research study indicates that advice, both human and algorithmic, can help investors diversify.
