See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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A day after a Robinhood co-CEO said competitors like Fidelity and Schwab weren’t really technology companies, Ram Subramaniam reminded attendees at the same conference how many “technologists” it employs.
The Fifth Circuit pours dirt on the DOL rule’s coffin, Fiduciary Trust Charitable cuts donor-advised fund minimum and millennials are still relying on their parents for money.
Guggenheim Partners Investment Management has been in talks with global insurers, sovereign wealth funds and investment pools in Europe, the Middle East and Asia.
Stash kills management fees for those 25 and under, MoneyLion hires Stifel’s Jon Stevenson to run its wealth management division and Fi360 acquires CFFM.
SmartAsset has raised a total of $51 million, and plans to use the new capital to grow its SmartAdvisor tool, a digital client-lead generation service for advisors.
From 2008 to 2013, Merrill hid that the fact that client requests to buy and sell stock were being handled by proprietary trading firms and other outside entities, the Securities and Exchange Commission said Tuesday.