In the first half of 2025, LPL plans to pilot "an enhanced selling experience" for advisors looking to buy alts on their clients' behalf, Steinmeier said. This capability will be "fully digitized with ...

Earlier this month, U.S. District Judge Reed O'Connor ruled that allowing BlackRock, which managed the airline's 401 (k) plan, to consider ESG factors when picking investments for the plan meant that ...

While the SEC normally has five commissioners, it's currently operating with three: In addition to Uyeda, it includes Republican Hester Peirce and Democrat Caroline Crenshaw, after former chair Gary ...

The team, which operates as Pollard Bryan Carl Wealth Partners, oversaw $1 billion as of March 2024, according to Forbes. Its offerings include family office solutions, trustee services and ...

President Donald Trump has fired Rohit Chopra, the head of the Consumer Financial Protection Bureau since 2021, following calls from the financial services industry for Chopra's removal, according to ...

A Pennsylvania-based investment advisor is facing charges from the Justice Department and the Securities and Exchange Commission that he fleeced clients of his registered investment advisory firm out ...

New Charles Schwab Chief Executive Officer Rick Wurster touted the momentum of a "strong" 2024 and said on Tuesday that the firm this year will further invest in its wealth business, particularly ...

A former Texas-based financial advisor and radio host is facing an additional 11 criminal charges on top of the three with which she was charged in December, according to a local news report. Willy ...

With the pro-crypto Republican Commissioner Mark Uyeda serving as its acting head, the commission approved Form 19b-4 for the Bitwise Bitcoin and Ethereum ETF from Bitwise Asset Management, marking ...

Wurm and Frye joined the financial services industry in 1997, registering with IDS Life Insurance Co., and together moved through several firms, including Prudential Securities, LPL Financial and ...

LPL Financial's major acquisitions produced a sizable boost in the firm's advisor force and assets during the fourth quarter of 2024, though the firm's net income slipped on a year-over-year basis.

Cracchiolo and Reilly's comments echo those made by Stifel Financial Chief Executive Officer Ron Kruszewski during Stifel's earnings call on Wednesday. Kruszewski characterized the recruiting ...