UBS Starts Digital Wealth Bank in U.S. to Rival Wall Street

Oct 27, 2021

UBS' new digital bank will service affluent customers with between $250,000 and $2 million in assets, putting it more in direct competition with firms like Morgan Stanley.

RIA Edge: Strategic RIA Growth With Stan Gregor

Oct 27, 2021

Summit Financial's Stan Gregor offers advice on how other firms can create scalable, repeatable growth strategies and transform their practices into truly unique advice platforms.

Wealthies Circle Podcast: Lon Dolber on Staying Independent as an Independent Broker/Dealer

Oct 26, 2021

American Portfolios' Lon Dolber talks about the firm's laser focus on service for his affiliated advisors, a shared ownership model and a reluctance to pursue outside investors or growth through acquiring or being acquired.

SEC: Colorado Advisor Defrauded Investors While Raising $3.2 Million

Oct 26, 2021

According to the commission, as founder and owner of AMV Investments, Ann M. Vick made 'Ponzi-like payments' to cover promised returns for investors.

DOL Delays Fiduciary Rule Enforcement to 2022

Oct 25, 2021

The Labor Department announced it would not pursue claims against fiduciaries acting 'diligently and in good faith' to comply with the rule through Jan. 31, 2022, and it would not enforce rollover requirements through the end of June.

Sanctuary Lands Missouri Breakaway Advisors with $400 Million in Assets

Oct 25, 2021

NobleVest Private Wealth consists of three breakaway founders from Morgan Stanley and one from Ameriprise; it is Sanctuary Wealth’s 17th breakaway firm of the year and the second in the state.

T&E Panel Tackles Diversity Issues

Oct 25, 2021

Practitioners should pursue these objectives.