Industry

The free trading app is under scrutiny as it advances toward a debut likely to draw in buyers from its own novice investor base.

The regulator raised “deal killer” concerns last week and “stopped” the deal, Ackman said in a CNBC interview.

The advisor moves and acquisitions you may have missed the week of July 15, 2021.

Net new assets at Charles Schwab have been driven by an 'omni-channel approach' that involves its TD Ameritrade and USAA acquisitions, as well as extensive branch reopenings.

The broker/dealer’s new Resilience Plan will support advisors’ books of business if they choose to take a leave of absence, such as for the birth of a child, personal illness or injury.

Insigneo’s latest recruits from Wells Fargo include Isadora del Llano, Yzana Oestreicher, Maria Garcia and Nilia Gasson.

Hybrid b/d and RIA Cascade Investment Group recommended high-fee mutual fund share classes when cheaper options were available and failed to disclose the fact, the SEC claims.

'We kind of think we’re creating—and not to be arrogant about it—but a new mousetrap,' said CEO James Gorman. 'You’ve got three legitimate channels pouring assets into the house.'

Chairman and CEO Paul Reilly said the firm will 'embrace flexibility' and various work arrangements, although it has set a date for its workforce to return to the office.

Morgan Stanley CFO Sharon Yeshaya talks about her unusual trajectory through the company and industry.