Ameriprise Financial's bid for a temporary restraining order against LPL Financial and an advisor team that defected has been denied. Ameriprise earlier this month filed a complai ...

Wells Fargo, which recently removed references to diversity in its annual report, has also scrapped a diverse hiring policy, amid a rapid shift away from such initiatives since President Donald Trump ...

In June 2023, Romero filed an expungement request in the Financial Industry Regulatory Authority 's dispute-resolution system, alleging that the Form U5 disclosure was defamatory, a Finra filing shows ...

The move follows similar orders sent to non-union SEC staff: in a Jan. 24 memo, Johnson wrote that senior officers would need to be back at the office full time by Feb. 10, lower-level supervisors by ...

The Certified Financial Planner Board is urging financial professionals to tap the capabilities of generative artificial intelligence, keeping in mind their obligations as far as the sensitivity of ...

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 ...

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 ...

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 senior official at the Securities and Exchange Commission asked enforcement staff in January to state that a case the unit was pursuing against Elon Musk was not fueled by politics — a request the ...

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 ...

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.