Industry

The Financial Industry Regulatory Authority said Monday that it would give firms more flexibility in supervising employees working remotely and in relocating personnel to temporary locations.

Conversant Wealth Management has $255 million in client assets and will be Sanctuary's fourth firm based in California.

Videoconferencing may gain new importance to advisors and clients as the coronavirus leads to quarantines, remote working and self-isolation.

'The relevance of the CFP Board, to consumers, has been substantially diminished,' read a letter from the Committee for the Fiduciary Standard.

Failing Teachers

'As the only remaining custodian that does not compete with advisors for retail assets, we are setting a standard for transparency and how custodians should engage with advisory firms,' CEO Jim Crowley said.

In a report released Thursday, Democratic lawmakers criticized not just Wells Fargo but its regulators' responses to the megabank's predatory practices.

The three agreements nearly double DPL's RIA membership.

Outgoing Pershing Advisor Solutions CEO Mark Tibergien still plans to do some consulting and coaching, and says his decision to retire had nothing to do with competitor Schwab’s upcoming merger with TD Ameritrade.