Ponzi scheme
Feds Bust $364 Million Ponzi Scheme Targeting Advisors, Family Offices
Sep 20, 2018
Defendants told investors they were buying portfolios of bad consumer debt; instead money went to a multimillion-dollar sports car collection, casinos and jewelry.
LPL sign
Cetera Loses $300 Million Multop Financial to LPL
Sep 19, 2018
Multop Financial, which provides wealth and tax-planning services, has as many accountants as it does advisors.
Jeff Dekko
Lightyear Capital-Backed Wealth Enhancement Group Acquires $276 Million Firm
Sep 18, 2018
The deal is another step toward $10 billion in assets, but the CEO sees it growing much larger.
Wharton professor Michael Steele
Robo Advisor qplum Adds Wharton Professor, Ex-Goldman Sachs Portfolio Manager
Sep 18, 2018
Targeting institutional assets, qplum’s personnel additions signal new growth goals.
Raymond James
Family Team Managing $203 Million Depart Wirehouse for Raymond James
Sep 17, 2018
The head of the group has more than 35 years of experience.
Wealth Managing Industry Awards 2018
Scenes from the 2018 Wealth Management Industry Awards Gala
Sep 17, 2018
WealthManagement.com hosted nearly 500 industry leaders at its fourth annual Wealth Management Industry Awards at the Ziegfeld Ballroom in New York City on Sept. 13, 2018.
A Fidelity Investments sign.
Fidelity Launches More Zero-Fee Funds As First Two Amass $1 Billion
Sep 14, 2018
The asset manager also eliminated minimums and cut other fees this week.
Load More