Digital account onboarding—long promised—is a must-have for Charles Schwab, says one analyst. The firm is preparing for the feature's launch next month.
The Institute for the Fiduciary Standard released its alternate version of the disclosure document, arguing more was needed to draw the distinction between investment advisors and broker/dealers.
Bill and Melinda Gates Investments—the 100-person strong team that’s overseen the couple's personal fortune and the endowment of their namesake foundation—changed its name to Cascade Asset Management Co.
Watch as Todd Fulks, Sr. Vice President Succession Planning & Business Acquisition, Advisor Group, talks with Wealthmanagement.com about the challenges that financial advisors are facing and talks about the “10 pieces of the puzzle” for a succession plan.
According to the regulatory agency, the California-based broker/dealer failed 'to establish and maintain a reasonably designed supervisory system' on the sale of variable universal life insurance contracts and mutual funds during several years.
Brian M. Woods Financial Services, which oversees 30 advisors and $1.6 billion in assets, decided to jump ship to LPL Financial, after the firm's b/d, Voya, was acquired by Cetera.
The state joins more than a dozen others that have finalized rules based off the model created and passed last year by the National Association of Insurance Commissioners.
