See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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If the financial advisors want to tap into a largely underserved market with nearly $5 trillion in investable assets, they need to rethink the way they interact with female clients, says Sallie Krawcheck. The former president of Bank of Americas’...
Raymond James changed policy and told its advisors Monday that the firm, not the advisor, would pay all of the rebates due to clients who were wrongly sold more expensive classes of mutual funds over the past five years.
The change comes just a ...
By Suzanne Barlyn
(Reuters) - In April 2011, two years before their prices sank, a slew of bond funds that were being sold by UBS’s Puerto Rico arm appeared to its brokers to be such risky investments that they balked at promoting them to their ...
There's a happy medium in the financial services industry between the wirehouses and independents--regional brokerages, which have been gaining in advisors and competing more with the RIA channel in the past three years. The reasons, according ...
Cybersecurity must be a collaborative effort between the industry, regulators and policymakers, the president and CEO of the Securities Industry and Financial Markets Association said Wednesday...
Raymond James sent notices to some of their advisors on Monday requiring them to give back fees they collected from selling a certain class of mutual fund in retirement accounts and charitable trusts...