Phony Denver advisor gets 6 years after stealing $966K from neighbors, friends
Friends and family members are “the easiest type of victim to profile and steal from,” said one attorney.
SEC’s Peirce says market will sort out winners in tokenization
The commissioner also known as “Crypto Mom” says the agency is willing to work on different models with stakeholders, though…
‘This came out of the blue’: Why firms are pushing back against New Jersey’s proposed independent contractor rule
Cetera’s policy advocacy leader explains how gig worker protection proposal might hurt independent financial advisors, and why it’s “a complete…
Advisor moves: Raymond James snags more Commonwealth advisors in East Coast
Meanwhile, Osaic secures a new credit union partnership, and Compound Planning crosses another billion-dollar milestone.
Seniors face surge in high-dollar impersonation scams, FTC warns
Federal data show reports of at least $100,000 in losses skyrocketed to hit $445 million in 2024.
iCapital and Alto announce key hires
The fintech firms’ latest additions, including veterans from Bloomberg and JPMorgan, come amid rising demand for alternative assets in the…
RIA moves: Steward Partners, &Partners expand RIA footprints
Steward Partners adds a $481 million Ohio-based team, while $35.7 billion &Partners expands its reach in Minnesota.
Investors jump into riskiest assets after US inflation report
AI earnings are offsetting worries around President Trump’s tariffs, while rate-cut optimism rises following new comments from Treasury Secretary Scott…
Welcome to the dog days of summer! Forget about that advisor-client golf game!
Not too long ago, wealth managers would spend much of their summers entertaining clients outside the office. COVID and Zoom…
Why one US state could face a mass exodus of financial advisors
Changing how advisors run their businesses may have devastating impact for investors.