According to J.D. Power’s annual survey on self-directed investors, Fidelity took the top marks for DIY investors seeking guidance, with Charles Schwab following closely behind.
A judge recommended throwing out the case of elderly couple who sued JPMorgan over investments they allege never should have been allowed and ended up wiping out much of their savings.
The settlement with the self-directed trading firm comes several weeks after FINRA's first enforcement action targeting firms' use of social media influencers.
The firm, which already works with individual investors, wants to build relationships across private wealth distribution channels.
The RIA platform partnered with Griffin Distribution to offer annuities, life, disability and long-term care insurance.
With a background in managing complex real estate portfolios, David Gottlieb joins Savvy for back-office support and improved services.
Firm employees sent and received “thousands” of off-channel business-related messages during the time in question, according to the SEC.
The court ruling concludes a legal fight with the commission that started in 2019.
