Industry

Spain & Smith Wealth Advisors will be led by veteran Henry “Hank” Spain, who was most recently with Carnegie Investment Counsel. He’s joined by Dayna Smith, who comes from Frank Legan Advisors at Cedar Brook Group, an RIA affiliated with Cadaret...

Many face existential challenges and only the ones willing and able to adapt will survive and flourish.

The American Council of Life Insurers, the Insured Retirement Institute and Finseca are among the plaintiffs in the newest suit against the Labor Department’s rule. This is the second suit filed against the rule in Texas this month.

After nearly 40 years with Merrill, advisor Alicia Fuller and her team join under Steward's W2 employee model and will use Raymond James for custody.

On the same day the 24-year-old updates to Regulation S-P were announced, Interactive Brokers reported a customer data breach.

Moody’s changed its outlook on Focus to negative, citing the firm’s “hub” strategy. Meanwhile, the agencies assigned junk ratings to Edelman’s proposed $575 million term loan.

The firm anticipates expanding the technology to more funds on its platform later this year.

The two firms announced an exclusive partnership focused on offering hybrid public-private investments across asset classes.