Industry

Broker/dealer trade groups, including the Financial Services Institute and the Securities Industry and Financial Markets Association, argue in support of the SEC's proposed rule in an amicus brief this week.

CAPTRUST has added Welch Hornsby, a 30-year-old advisory firm in Montgomery, Ala.

The XYPN co-founder will join the Focus Financial-owned firm as the head of planning strategy to continue to do for financial planning what his new colleague Larry Swedroe has done for investing—advocate for a research-led, evidence-based approach.

The agency made the decision due to the spread of the coronavirus, one day after the SEC encouraged employees at its Washington, D.C. headquarters to work from home.

A four-person Dallas advisor team joins Raymond James.

CEO and founder Deborah Fox hopes the name change reflects the variety of services advisors can access via the network.

The nation's most populous state launched CalSavers last year and was challenged on the grounds that ERISA supersedes the auto-IRA.

As the coronavirus pandemic spreads, advisors' business continuity plans may need to include much more than video chats and Slack channels.

Advisors are limiting travel, telling employees to work from home and cancelling events, all while balancing the need to be open and responsive to clients.

A commission spokesperson said that teleworking would not diminish the SEC's capability to continuing monitoring market function and working with other regulators.