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Broker count declines as the number of RIAs grows, FINRA's yearly tally shows
FINRA-registered firms earned a combined $77.21 billion in pretax net income in 2020.
SEC Obtains Final Judgment Against Financial Advisor Who Misappropriated Over $6 Million from Elderly Investors
The U.S. District Court for the District of Maryland has entered a final consent judgment.
RIA Aggregation Firms Drive 401k Managed Account Adoption
While advisor managed accounts are new to the 401k and defined contribution market, they have gained notable traction among providers.
Fed pivot, inflation boost emerging market interest rate hikes in June
Emerging markets saw more interest rate hikes in June as a hawkish pivot from the the Fed amplified inflationary pressures in developing economies.