See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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The top U.S. securities regulator said on Thursday it would require more information from investment advisers about their separately managed account businesses, as it continues to tighten oversight on the sector.
There's fear the golden years won't be so golden. | Ricardo Reitmeyer/iStock/Thinkstock
A new Transamerica retirement survey reports that none of the baby boomer, Generation X or millennial generations feel secure about their retirement prospe...
State insurance regulators in a court brief on Monday said a powerful U.S. council made up of the heads of all the federal financial regulatory agencies disregarded their work when it designated of MetLife Inc. as "too big to fail."
(Bloomberg Gadfly) -- The Department of Labor rocked the brokerage world several months ago when it decreed that brokers must – horror of horrors – put their clients’ interests ahead of their own...
Mark Lopez at the 2008 Olympics. | Copyright Clive Rose, Getty Images
What does an Olympian do once they're done competing? Some turn to the wealth management industry. According to Reuters, UBS Wealth Management Americas, Merrill Lynch and Mo...
(Bloomberg) -- Apollo Global Management LLC will pay $52.7 million to settle allegations that it made misleading disclosures about fees and didn’t prevent a senior partner from charging personal expenses to clients, becoming the latest...
(Bloomberg) -- Like many Americans, Ken Winterhalter wants the financial industry to pay for its past recklessness. His favored punishment, however, isn’t jail time for CEOs or bigger corporate fines...
Where millionaires are a dime a dozen. | Copyright Darren McCollester, Getty Images
Nine of the 10 colleges that produce the most millionaire alumni are in the United States, led by Harvard University, according to a WealthInsight survey, Forb...
Nebraska-based Securities America, the independent broker/dealer owned by Ladenburg Thalmann, has acquired Foothill Securities, a small IBD in Santa Clara, Calif., for an undisclosed amount. The deal adds 210 advisors, $5.14 billion in client...
What goes up... | Copyright Daniel Berehulak, Getty Images
As traders look to profit from the increased turbulence in the markets this year, there has been a resurgence in volatility exchange traded products. According to a new report from TAB...
