Industry

International wealth management co-head Iqbal Khan may not be in the running because of his relatively brief tenure at the bank.

Roughly half of Stifel's revenue growth is likely to come from wealth management this year, according to CEO Ronald Kruszewski.

Ladenburg said its broker/dealers would not be consolidated away, 'reflecting both companies' commitment to a multi-brand network model.'

The deal is expected to close in the next few days, much faster than anticipated.

Insurance regulators overwhelmingly approved revisions to annuities guidelines, aligning them with the SEC's Regulation Best Interest rule.

The latest Reg BI guidance addressed whether clients can 'waive' the rule's protections, whether affiliated firms can submit separate CRS forms, and whether firms have to build entirely new systems and processes to be in compliance.

Santa Clarita, Calif.-based Criterion Wealth Management Insurance Services recommended private real estate funds but failed to disclose 'significant' financial conflicts of interest, the SEC claims.

Captrust Financial Advisors' first acquisition of 2020 is $654 million AUM Fountain Financial Associates.

Groups such as the Heritage Action for America, FreedomWorks, Americans for Tax Reform and the National Black Chamber of Commerce call the SEC's proposal an "expensive 'solution'" to a "potentially non-existent 'problem.'"

Eager to add assets, the advisor-focused custodian is modifying its onboarding requirements.