See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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Put your money where your mouth is.
HighTower’s CEO Elliot Weissbluth appeared on Wall Street Week over the weekend, talking about the qualities he thinks make a good financial advisor. Among them, the ability to tell clients that they’re...
Private equity firm Hellman & Friedman is set to become a majority owner of Edelman Financial Services, although founder Ric Edelman will continue to hold the largest individual stake in the $15 billion advisory firm. ...
The next Speaker of the House? | Copyright Mark Wilson, Getty Images
Now that Rep. Kevin McCarthy of California has quit the race for Speaker of the House, could Jeb Hensarling toss his hat back into the ring? The current chairman of the H...
Morningstar announced plans Thursday to acquire Total Rebalance Expert, an automated portfolio rebalancing tool for financial advisors.
Developed in 2008, tRx focuses on allowing advisors to easily minimize taxes and harvest tax losses for...
Read the fine print.
The Consumer Financial Protection Bureau on Wednesday said it's considering a proposal that would prohibit financial services firms from including mandatory arbitration clauses common in many consumer contracts. The w...
At Raymond James annual Women’s Symposium last week, women advisors met to share ideas and stories on how to succeed in the business today, touching on themes like the need to build confidence, help each other be successful, lean in and...
The Financial Industry Regulatory Authority ejected from its ranks Halcyon Cabot Partners, its CEO and chief compliance officer, alleging the New York-based brokerage and investment services firm ran a kickback scheme involving private placement...
Can you hear me now?
Though independence is one of the defining characteristics of many registered investment advisors, it’s also a challenge to presenting a unified front to regulators in Washington D.C. To help independent RIAs get their...
A trio of former Securities and Exchange Commission chairs say that the agency needs to move forward immediately on a uniform fiduciary standard for financial advisors that regulates based on job functions, rather than what job title professionals...
Frazer Harrison/Getty Images
The lengthy public estate dispute between the late Robin Williams’ wife, Susan, and his three children from a previous marriage came to an end on Friday. The New York Daily News reports that the sides have reac...
