Wealth Management industry news covering the financial markets, trends and wealth professionals.
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The settlement between the SEC and Chistoper Hibbard comes several months after he was sentenced to more than eight years in jail for defrauding numerous clients.
The bulk of first quarter RIA M&A occurred in January, contributing to a record quarter, but activity has since slowed down, according to DeVoe & Company.
The firm’s net new assets in the wealth management business were up 183% from a year ago, which executives attribute to net new clients, asset consolidation from existing clients and stock plan retention.
Sen. Jeff Merkley and Rep. Bill Foster have introduced a new bill addressing an old issue—whether to ban mandatory arbitration agreements between investors and advisors.
Kuttin Wealth Management's Jonathan Kuttin describes how his business grew more by getting advisors completely out of the prospecting business and focused on the client experience.