Money managers in the world’s largest exchange-traded fund market predict the share of active products in ETF portfolios will rise to 26%, up from 19% today, according to a survey by JPMorgan Asset Management.
The newly established River's Edge Wealth Partners, with about $500 million in client assets, is led by advisors joining LPL from Wells Fargo.
Now that Labor Day has come and gone, many who were given the option of working from home are itching to learn what comes next.
Forest Williams Jr. of The Opus Group of Virginia specializes in asset management and retirement income planning, and will join the firm from MML Investors Services.
FINRA alleges Wells Fargo failed to properly supervise variable annuity switches.
Over the first half of the year, U.S. consumer protection agencies received more than 400 complaints about Robinhood -- roughly four times more than competitors like Charles Schwab Corp. and Fidelity Investments’ brokerage unit.
LPL has recruited three financial advisors in Scottsdale, Ariz., who have decided to merge together to form Raintree Wealth Partners.
Brookfield, Starwood, Colony Capital and Blackstone have been among the investors skipping payments on CMBS debt.
