See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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The New Jersey Bureau of Securities revoked the registration of the firm, First Standard Financial, described as "a haven for greedy, dishonest agents who traded client accounts like sharks in a feeding frenzy".
The combined firm, with 11,500 advisors and over $450 billion in assets, will be one of the largest independent brokerage firms and may accelerate Advisor Group's efforts to roll out an RIA-only platform.
A Wilmington Trust survey of business owners, the majority of whom are boomers, don't think the tax rates that impact them will increase should there be a 2020 change in presidential leadership.
Alumni of Schwab's Executive Leadership Program talked about the need to encourage advisors to raise their 'emotional quotient' during a panel discussion at Schwab's IMPACT Conference.
More than 5,000 attendees spent the week in San Diego at the Schwab IMPACT Conference, hearing from the likes of Charles Schwab himself and attending events like a One Republic concert.