Industry

The analysis of 7.5 million investors who custody with Apex found that most of millennials' top holdings were tech companies that had largely outperformed indexes like the S&P 500.

'We really think that the notion that RIAs will slow business with us as the date for closing of the transaction with TD Ameritrade approaches is not something that is likely to unfold,' said Schwab CEO Walt Bettinger.

It makes no sense to be working harder than ever for clients but be paid less.

The orders will be the last in the commission’s Share Class Selection Disclosure Initiative, which returned more than $139 million to investors.

Small businesses and advisors alike are awaiting additional allocations for the loan program while continuing to navigate confusion in the application process.

Whenever U.S. stores, restaurants and theaters reopen from coronavirus shutdowns, they may face an unexpected problem: lawsuits from sick patrons and workers.

Partnering with Dynasty Financial Partners, Marty Bicknell’s Mariner Platform Solutions will target advisory firms that want to affiliate with Mariner for back-office support but retain ownership of their practices.

The program is aimed at helping college students whose internships were canceled due to the coronavirus.

Next, judges in the 2nd U.S. Circuit Court of Appeals will hand down a ruling in the group's case against the SEC. A favorable decision for the network could strike down Reg BI and lead to improved consumer protections.

If states don't adopt the rule on a uniform basis, it could create a patchwork of requirements that investment advisor reps have to deal with.