Money is flowing to Dublin. | Copyright Chris Jackson, Getty Images
Overall, 2015 global asset flows were muted at $949 billion, down from $1.4 trillion in 2014, according to Morningstar’s annual Global Asset Flows Report. In 2014, the largest...
Advisory firms are stepping up their game when it comes to M&A activity, a trend that bodes well for the industry at large.
Registered investment advisory firms represented 40 percent of the buyers in the 84 M&A deals tracked by Schwab Advisor...
Going after Wedbush.
Wedbush Securities is getting fined for yet more regulatory failures. FINRA and the Nasdaq Stock Market on Monday jointly censured the California-based firm, levying a $675,000 fine for failing to supervise its clearing c...
A California federal judge threw out Lionsgate Films’ lawsuit against TD Ameritrade, which claimed the brokerage firm infringed on its trademark in a recent ad referring to the studio’s 1987 movie Dirty Dancing, according to The Hollywood Rep...
The numbers don't add up.
The numbers from the recent academic study on the high percentages of “bad brokers” still serving clients at financial advisory firms got a lot of attention in the press (“The Wolves of Wall Street Are Everywhere,” wr...
Last week, S&P Dow Jones Indices released its annual U.S. S&P Indices Versus Active Funds (SPIVA) Scorecard, showing that 66 percent of large-cap equity managers underperformed their benchmark in 2015. This week, American Funds, the darling of th...
VC committed to fintech. | BrianAJackson/iStock/Thinkstock
Funding and deals in the financial technology space hit a record high last year, due in large part to the rise in mega-rounds of $50 million or more, according to a new report by KPMG ...
Almost half of financial services firms involved in individual retirement accounts say they’ll hire extra help or redirect resources to comply with the Labor Department’s fiduciary rule.
While the industry may not immediately feel the impact o...
A thousand words are not enough. | Copyright Mark Wallheiser, Getty Images
High-net-worth investors favor Donald Trump as the candidate who would be most beneficial to their pocketbooks, according to a survey by Spectrem Group’s Millionaire Co...
