The money will help fund the CFP-registered financial planning programs at four historically Black colleges and universities.

Beyond an attempt to reverse Reg BI, the industry could also see a number of securities regulation reforms if Joe Biden wins the presidential election.

Life is profoundly different for Black folks in America.

Mercer has added Summit Wealth Advisors, a Frisco, Colo.-based RIA with $130 million in client assets.

CI Financial takes full ownership of Balasa Dinverno Foltz, its largest RIA transaction to date. The Canadian firm has built an $11 billion wealth management business in just six months.  

'This request is bigger than a commitment to hiring more Black men and women, setting up a diversity council, or cloaking systemic racism and the struggles that Black people face with a problem that means well,' said George Nichols III.

Another familiar face, Skip Schweiss, has left TD Ameritrade Institutional. He is still slated to lead the FPA, but otherwise his plans for the future remain unclear.

As tropical storm Isaias lashes the U.S. East Coast, Morgan Stanley announced that its advisors have started referring clients to insurance agents to offer them property and casualty insurance.

One of the most senior Black women in finance talks about her career journey and what still needs to change.