RIAs are not flouting the fiduciary standard they must meet when providing investment advice on their websites.
Chris Burns, founder of Dynamic Money, left his home the day before he was supposed to hand over documents to the SEC and has since disappeared.
Social media is changing the way advisors interact with clients as 74% used social media to initiate new relationships during the pandemic.
Morgan Stanley said on Thursday it would buy asset management firm Eaton Vance Corp for about $7 billion in a cash-and-stock deal.