Hamilton Lane Launches Evergreen VC and Growth Fund Alternative asset manager Hamilton Lane launched a new…
Category: Wealth Planning
The perks and pitfalls of Raymond James’ equity offers
Raymond James is offering its independent advisors a deal: If they need cash to invest in…
VisionPoint Advisory, Navitas Wealth Combine to Create $3.7 Balefire
Two registered investment advisors have merged to create a $3.7 billion advisory called Balefire, offering wealth…
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
WESTLAKE, Texas–(BUSINESS WIRE)– The Board of Directors of The Charles Schwab Corporation at its meeting today…
Ex-Schwab advisor sues over age, sex discrimination
An ex-Charles Schwab advisor is suing her former employer over alleged age and sex discrimination and…
Single Pane of Glass: Revolutionizing Communications Compliance
If you and your compliance team are jumping between separate systems just to track Slack messages,…
Thousands of Charles Schwab Employees Volunteer to Serve Nearly 350 Nonprofits Nationwide
Special focus on financial education as part of Schwab’s long-standing commitment WESTLAKE, Texas–(BUSINESS WIRE)– Continuing an…
SEC ends inquiry into Morgan Stanley’s ‘sweeps’ policies
Morgan Stanley is no longer under SEC scrutiny for its often-lucrative practice of “sweeping” uninvested cash…
FINRA Says Outside Business Rule Changes Won’t Require Crypto Reporting
FINRA is pushing back on criticism of proposed changes to its rules on reps’ outside business…
How wealth firms do revenue sharing in 2025
Asked how the industry practice of revenue sharing served their clients’ best interest, nine of the…
Allworth Financial, Focus Financial Partners Add Growth Leads
Large registered investment advisors Allworth Financial and Focus Financial Partners have both hired leaders to help…
Charles Schwab Unveils National Investing Day to Educate and Empower Individual Investors
WESTLAKE, Texas–(BUSINESS WIRE)– Charles Schwab today announced the launch of the inaugural National Investing Day,…
ETF Issuers Try to Benefit from the Berkshire Hathaway Stardust
Berkshire Hathaway, which just held its highly attended annual shareholder meeting over the May 3-4, 2025…
Schwab Trading Activity Index™: STAX Score Plunges Amid April Volatility
Schwab clients were sellers of equities in April; Net selling was highest in the Information Technology,…
Advisor confidence rebounds slightly from all-time lows
After reaching new lows last month, financial advisors’ confidence levels have rebounded slightly but remain generally…
Explaining the Need for Trusts to Merely Well-to-Do Baby Boomers
In “Planning for the Merely Well-to-Do Baby Boomer,” I offered my take on why some boomers…
2025 Charles Schwab Challenge Champion’s Prize Revealed as 1992 Schwab Defender
This Year Marks the Seventh Celebration of the Charles Schwab Challenge in Dallas-Fort Worth WESTLAKE, Texas–(BUSINESS…
The AI split: Half of firms embrace the tech, while half hesitate
New research reveals a nearly even divide in the wealth management world’s approach to AI adoption:…
Ex-Schwab Advisor Files Discrimination Suit Over Bank Branch Manager’s Alleged Bias
A former bank branch advisor with Charles Schwab is suing the company, claiming it ignored sex…