Industry

The Lincoln, Neb.–based RIA failed to disclose that it would benefit from revenue-sharing payments when clients invested in certain mutual fund share classes, and it will pay $4.6 million in restitution and penalties.

Arizona-based advisor Richard Hoffman urged clients to invest with the "Michael Jordan of algorithmic cryptocurrency trading" but did not disclose the alleged Ponzi scheme agreed to give him up to $1.5 million in low-interest loans in return...

The Keystone State is the 19th to pass a rule on annuity sales based on the National Association of Insurance Commissioners’ 2020 model rule. Wisconsin, North Carolina and Nevada look to follow soon.

Abandon the misconception that “clicks” to your website or landing page views are the only worthwhile social media KPI.

The Chicago-based company has recently been approached by at least one private equity firm interested in acquiring it.

CI’s deal with Corient Capital Partners comes as the Canadian firm released its 2021 Q4 earnings report, boasting significant gains through eight RIA acquisitions.

Board members recently engaged in some metaphorical public shouting and chair throwing.