See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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The Financial Industry Regulatory Authority (FINRA) has named Washington-based securities lawyer, Robert Cook, as its new president and chief executive officer, the regulator said on Monday...
In addition to upgrading its technology for advisors, Pershing also made the Department of Labor’s fiduciary rule, and the impact it will have on the industry, a primary focus of its 18th annual INSITE conference this week in Orlando, Fla...
According to Ben Harrison, the head of business development and relationship management at Pershing Advisor Solutions, advisory assets have grown to almost half of all assets under custody at Pershing. That makes it Pershing’s...
With the Department of Labor (DOL) Fiduciary Rule now official, the mood in the industry has progressed from anticipation to “analysis paralysis.” With this new fiduciary standard comes a litany of challenges such as: examining fees and compensat...
Not any old quarter.
A rare quarter minted in 1970 recently sold for $35,000 on online auction site eBay, ABC News is reporting. The quarter was one of a batch made in 1970 that includes a faint misprint on the backside. The batch was printed ...
David P. Wiener, a long-time UBS advisor, will join Dynasty Financial Partners, the firm announced. Wiener will serve as Senior Vice President, Director of Network Development – Western Division for the firm...
They have new neighbors. | Copyright Alex Wong, Getty Images
LPL Financial has opened an office in Washington, D.C., for its government relations team to advocate on issues related to the financial services industry. The team regularly engages...
Private wealth in North America grew a measly 2 percent to $60 trillion in 2015, down from a growth rate of 6 percent in 2014, according to Boston Consulting Group’s Global Wealth 2016: Navigating the New Client Landscape report. One reason for t...
It's getting better. | shironosov/iStock/Thinkstock
The wealth management industry is increasingly hospitable to women, and more females are finding jobs in the profession. According to a Cerulli study cited by Barron’s, 28 percent of rookie a...
