News

Molly Nelson is suing her former employer Avantax in Montana federal court, claiming the restrictive covenants she signed would make it impossible to work in the industry.

Morningstar research finds trust, communication and behavioral guidance may be more important to client retention than returns on investment.

Some private equity investment managers are choosing to roll over select assets into new funds, giving LPs the option to renew as well.

The interactive tool gives clients a "visualization" of their financial lives on one page, and now doesn't require advisors subscribe to the larger Income Lab platform.

Apex, long known as a master of API integrations, has built a fast, modern user interface for advisors called Astra.

The new platform is meant to help advisors achieve portfolio personalization at scale, and bridge an industry gap between financial planning and asset allocation.

The bank filed its complaint against Nader Joseph Al-Mooshi, arguing that so far the advisor’s convinced about 64 households with $40 million in assets to leave J.P. Morgan and join Kestra Financial.

Helen Grace Caldwell faces 20 years in prison after being charged with wire fraud in a scheme that allegedly stole $1.5 million from clients, according to the Justice Department.

Commonwealth and others are restricting advisors from using the new Bitcoin ETFs, while Cambridge and LPL require advisors get trained before they can invest for clients. Cetera expects to allow the ETFs by the end of the first quarter.

Able to create personalized portfolios in minutes, the SaaS platform has attracted funding in a venture capital round led by ETFS Capital.