See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
Get the latest stories direct to your inbox - subscribe to the Morning Memo.
Feb 26 The Financial Industry Regulatory Authority's board of governors has approved a plan that would require brokerage firms to disclose how much they mark up the price of most bonds they sell to retail customers, the Wall Street watchdog...
The money man.
Former Heisman Trophy winner and NFL running back Eddie George announced that he plans to open an advisory firm called Edward N. George Wealth Management to help young professional athletes with their finances. “When I came...
MetLife is in discussions to sell its U.S. advisor force to MassMutual Financial Group, the company announced Thursday morning. No timetable has been set for an agreement, MassMutual said in a statement. MetLife has 4,000 advisors, according to...
For advisors who sell products with trailing commission payments, such the sale of an annuity in an individual retirement account, their ongoing compensation may be subject to forfeiture under the Department of Labor’s (DOL) upcoming...
Be careful.
It’s Tax Relief Week at Morningstar.com, and the fund research group is running a series of in-depth articles on savvy tax-saving strategies for investors—and a good reminder for advisors as well. The lineup recently included Mornings...
Eleven brokerage firms launched a new trade group on Wednesday designed to address issues affecting Main Street investment shops and securities dealers. ...
Cash and carry. | Purestock/Thinkstock
Some ETFs deliver more than the return of their underlying index, even after fees are taken into account, writes Tom Lydon of ETFTrends.com. Where does the extra cash come from? ETFs can lend out as much ...
A baseball signed by Bill Clinton is worth $850. | Copyright Scott Wachter, Getty Images
Among sports memorabilia, a baseball signed by one of the presidents of the United States has become quite the valuable niche, with some autographed b...
Nothing can stop them now. | Di Okeefe/Hemera/Thinkstock
Markets may be on a downward slide, but it’s not enough to force baby boomers to postpone their retirement plans. January was the worst on record for U.S. stocks since 2009 and Febru...
