Meanwhile, the latest report said that Wells' U.S. workforce was 54% female and 48% racially/ethnically diverse. It was 55% female and 47% racially/ethnically diverse at the end of 2023, according to ...
The outlook on valuations is also more optimistic: 29% of respondents in the latest survey think RIA valuations will rise, and just 12% expect them to decline, compared to just 16% who thought they ...
A 40-year veteran financial advisor, accused of conducting unapproved personal transactions with clients, has accepted an industry bar rather than cooperate with a regulatory investigation.
Uptick's latest addition is John Sidery, who has joined from Legacy Capital Wealth Partners and will head Little Rock, Arkansas–based Olympus Wealth Strategies, a new advisory firm under the Uptick ...
SmartAsset estimates that the average 55-year-old client, assuming a 1% asset-based fee, would over their remaining lifetime yield advisory fees to the tune of between roughly $150,000 — for those ...
Meanwhile, consumer outlook across all groups, despite being still roughly neutral, "is in slow decline," falling in February for a third month in a row to 99.8 points, with 100 being neutral, down ...
Under Acting Head Mark Uyeda, at the helm of the commission only since President Donald Trump 's inauguration last month, the SEC has already agreed to drop its 2023 suit against Coinbase, the largest ...
Raymond James' Tash Elwyn said there's "going to be a price to pay" in the RIA space for the valuations bestowed on selling firms in recent years by hungry private equity players.
Taxpayer benefit from potential cuts is unclear since the SEC receives industry fees and is "deficit neutral," according to the regulator's latest budget report to Congress, per Reuters. The SEC ...
Raymond James announced that it has expanded its leadership ranks with the creation of a chief artificial intelligence officer position.
Adam Kaplan who, along with twin brother Daniel Kaplan, was charged in 2023 with 16 counts, including wire fraud and money laundering, is facing additional counts connected to allegations that he ...
White males made up the entirety of Morgan Stanley's lineup to succeed former Chief Executive Officer James Gorman, though the company has several women in top jobs, including Chief Financial Officer ...