Wealth Management industry news covering the financial markets, trends and wealth professionals.
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Financial advice doesn’t often cross into the world of late-night talk shows, but HBO made another foray into the industry (following the series Ballers) Sunday night with Last Week Tonight, a news show hosted by John Oliver...
The Financial Industry Regulatory Authority (FINRA) has named Washington-based securities lawyer, Robert Cook, as its new president and chief executive officer, the regulator said on Monday...
(Bloomberg) -- Paul Richards, a former executive at Bank of America Corp., is the latest senior ex-banker to start a financial technology company, with a focus on cash savings for wealthy clients...
(Bloomberg) -- Five years ago, when Eric Ries was working on the book that would become his best-selling entrepreneurship manifesto "The Lean Startup," he floated a provocative idea in the epilogue: Someone should build a new...
(Bloomberg) -- Janet Yellen says she doesn’t want investors to rely on the Federal Reserve for explicit guidance on the next interest-rate hike -- a communication strategy that’s leaving some flatly confused about the path of...
In addition to upgrading its technology for advisors, Pershing also made the Department of Labor’s fiduciary rule, and the impact it will have on the industry, a primary focus of its 18th annual INSITE conference this week in Orlando, Fla...
According to Ben Harrison, the head of business development and relationship management at Pershing Advisor Solutions, advisory assets have grown to almost half of all assets under custody at Pershing. That makes it Pershing’s...
With the Department of Labor (DOL) Fiduciary Rule now official, the mood in the industry has progressed from anticipation to “analysis paralysis.” With this new fiduciary standard comes a litany of challenges such as: examining fees and compensat...