Wealth Management industry news covering the financial markets, trends and wealth professionals.
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The House of Representatives passed a bill last night that would make it easier for financial advisors to report financial abuse of the elderly. The Senior Safe Act of 2016 would protect financial institutions and advisors from legal liability if...
A Philadelphia stockbroker, William Joseph Boyle, was indicted for stealing clients' money and using the funds to buy a bar, renaming it "The Boyler Room", according to Philly.com. The former Legg Mason broker had been barred from the industry ...
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As with love, many people are stuck in bad relationships with financial services firms. According to a Market Strategies firms survey, 31 percent of American households feel obligated to continue doing business with financial ...
(Bloomberg) -- Norman Mains, the chief investment officer at Burton Malkiel’s WaveFront Capital who advocated that hedge fund strategies should be available to mutual fund clients, has died. He was 72...