When Robert Lansing Padgett found he wasn’t generating enough money to pay off a recruiting loan…
Tag: Industry News
Morningstar conference keynotes focus on financial advisors
The rise of private investments, boosting access to advice, succession planning and serving clients who are…
Atria layoffs shed light on LPL’s M&A strategies
Even as LPL commits to keeping Commonwealth Financial Network mostly intact after buying it later this…
Former CFA Institute executive charged with embezzling millions
The CFA Institute’s former chief marketing officer was charged with embezzling nearly $5 million from the…
Commonwealth recruits big team ahead of LPL purchase
Commonwealth Financial Network’s looming acquisition by LPL Financial isn’t halting its recruiting engines, as evidenced this…
Morgan Stanley targets founders with new designation
As more companies stay private longer without selling shares on public markets, their founders and chief…
Stifel gets $2.1B team at Oppenheimer in week’s advisor moves
Stifel Financial is shaking up the wealth management business on the West Coast with its recruitment…
Osaic to buy fee-only RIA CW Advisors
Fresh off consolidating eight previously acquired broker-dealers under its brand, Osaic is embarking on its biggest…
Active ETFs now outnumber passive Funds in industry watershed moment
The ETF market has hit a symbolic turning point: active funds now outnumber passive ones for…
New generation of crypto ETFs edge closer to reality after SEC scrutiny
U.S. regulators have asked Wall Street firms racing to launch solana exchange-traded funds to revise their…
Vanguard seeks SEC approval for tax-busting fund
Vanguard, the investment giant famous for low-cost index funds, is seeking regulatory approval to expand its…
Morgan Stanley, Raymond James CEOs on the advantages of size
At a time when many advisors dream of breaking away to start their own practices, the…
SEC’s crypto confusion deepens as next-gen ETFs test limits
A new line of yield-chasing crypto funds is forcing the Securities and Exchange Commission to confront…
Jimmy Buffett’s widow sues to remove trustee of $275 million estate
Jane Buffett, the widow of singer Jimmy Buffett, is seeking to remove the co-trustee of her…
Morgan Stanley launches NIL financial education program
Rising pay for college athletes brings more planning risks and opportunities, prompting a new collaboration that…
RBC Wealth’s asset flows flatline in Q2
RBC’s U.S. wealth management business saw its revenue rise slightly in the second quarter, even as…
Counties with highest capital gains per 2025 study
The more value that investors can receive in the form of long-term capital gains rather than…
Trump’s tax bill offers wins, and a major loss, for advisors
Groups representing the wealth management industry are celebrating after the House narrowly passed a Republican-backed tax…
Simon Quick Advisors stays free of PE with latest deal
Chris Moore of Simon Quick Advisors doesn’t think there’s necessarily anything wrong with accepting private equity…
Cites with highest financial advisor pay increase in 2024
Labeling the financial advisor profession and the wealth management industry as “Wall Street” as a shorthand…
CFP Board launches expedited bankruptcy, misdemeanor reviews
New procedural rules announced last week by the CFP Board, set to take effect May 23,…
JPMorgan, B. Riley and Oppenheimer weather FINRA probes
Enjoy complimentary access to top ideas and insights — selected by our editors. B. Riley Financial,…