In addition to the roughly $14.3 million award, 15 other cases against Roberts are still pending, Barron's writes, citing BrokerCheck. The award from earlier this month "appears to be the first of the ...

A recent McKinsey study estimates that more than $30 trillion will change hands by 2030 — and most of the recipients will be looking for a new advisor, Equitable said it found in a survey of 500 ...

The Financial Industry Regulatory Authority has barred a former Morgan Stanley financial advisor after he refused to provide requested documents. Robert Anthony Daly, who's been in the financial ...

Rob Waldner, chief strategist and head of the multi-sector team for Invesco Fixed Income, suggests that with inflation effectively out of the system, and the Fed likely to cut rates below 3.5% by the ...

Individuals can gift income to heirs by naming them as income beneficiaries for a legacy income trust (LIT) or a charitable remainder trust (CRT). The 2024 gift and lifetime exemption is $13.61 ...

Robinhood 's chief legal officer, Dan Gallagher, is a leading contender for Securities and Exchange Commission chair under a second Donald Trump administration. Unnamed former senior regulators, ...

Cetera has also been steadily recruiting advisors from rivals in recent weeks, including a team from Osaic overseeing $269 million, a team from UBS overseeing $400 million, and a husband-and-wife team ...

The firm is positioning some of its subsidiaries as succession-planning destinations and getting more traction and interest from RIAs seeking supported independence models, according to CEO Mike ...

The latest round included participation from several members of its board of directors, as well as existing investor The Charles Schwab Corp. and new investors BlackRock and J.P. Morgan Asset ...

The firm’s proprietary technology enables it to “iterate exceedingly fast,” according to Chief Executive Officer Jamie Price.

Forty-eight percent of Americans don't hold any investments in stocks, bonds or mutual funds, Janus Henderson found in a survey of 5,010 Americans aged 18 and up. The survey was fielded June 28 to ...

Last week, the arbitrators ordered Stifel to pay the Delucas a total of more than $4 million in compensatory damages, which included interest, as well as $9 million in punitive damages, $1.1 million ...