Industry

Dads are seemingly delusional about the prospect of their kids playing a college or professional sport and they spend accordingly.

Based on back-testing, firms that FINRA has identified through a new rule proposal presented higher risk of future misconduct events.

UBS cut positions serving the bank's wealth, asset management and investment banking activities. The majority of cuts are in corporate center positions such as human resources, IT, marketing, and risk departments.

The firm is equipping its advisors to compete for what one firm calls a $10 trillion opportunity.

There's no need to be part of the Protocol for Broker Recruiting Agreement because advisors have chosen HighTower for the long-term, its CEO said.

Zaim Hajdari, president of The Hajdari Group, says InvestHalal will serve a need for Muslim-Americans wishing to practice Shariah-compliant asset management.

Members of Chalice Financial Network will gain access to risk analysis opportunities from Riskalyze, compliance solutions from NRS and office locations courtesy of WeWork.

LifeYield, Oranj, Redtail and others have partnered with the digital recruitment platform to amplify its advisor-centric approach.

Morgan Stanley pitched wealth management clients a chance to invest in Uber via a fund dubbed New Riders LP. The minimum investment was $250,000.