B. Riley to sell part of wealth unit to Stifel Financial Planning November 4, 2024 B. Riley Financial Inc. agreed to sell a portion of its wealth-management business to Stifel Financial for as much as…
JPMorgan wealth subsidiaries pay $151M SEC settlement Financial Planning November 4, 2024 Two JPMorgan subsidiaries agreed to pay more than $151 million to settle a series of Securities and Exchange Commission claims…
An investing guide for middle- to late-stage venture capital Financial Planning November 4, 2024 With fewer publicly traded companies and a booming private credit market, venture capital investments in the middle to late rounds…
RBC to pay $9.7M award in female discrimination lawsuit Financial Planning November 4, 2024 RBC Wealth Management is on the hook for nearly $10 million in an age and sex discrimination complaint brought by…
Advisors use AI tools but without compliance guidelines, survey shows Financial Planning November 4, 2024 Financial advisors are increasingly adopting AI tools, including automated notetakers, meeting schedulers and portfolio analysis, but one critical step is…
Navigating financial decisions amid terminal illness (Part 1) Financial Planning November 4, 2024 In the aftermath of being diagnosed with a life-limiting illness, medical care and not financial planning will inevitably be top-of-mind…
Annuity sales mark the 16th consecutive quarter of growth Financial Planning November 2, 2024 Total U.S. annuity sales increased 29% year over year to $114.6 billion in the third quarter of 2024, marking the…
Weekend Reading For Financial Planners (November 2–3) Financial Planning November 2, 2024 Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that…
LPL avoids ex-CEO’ Dan Arnold ouster in Q3 earnings Financial Planning November 1, 2024 In his first earnings call as LPL Financial CEO, Rich Steinmeier boasted of a bumper quarter for recruiting asset hauls…
DOL retirement advice rule in limbo ahead of election Financial Planning November 1, 2024 As financial advisors and other wealth management professionals brace for a new presidential administration next year, the Department of Labor’s…
