Future Of DOL Fiduciary Rule Unknown Under Biden Administration
In all likelihood, the DOL will finalize its fiduciary rule before the year’s end. But It’s fate under the coming Biden Administration remains unclear
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Volatility blunders and the runaway advisor
The number of travel agents has been cut in half over the past two decades, while the financial advice industry is booming.
How LA Wealth Managers Are Handling the Wealthiest’s Portfolios During the Pandemic
While the pandemic’s impact has been devastating for some Angelenos, most of LA’s well-heeled have been insulated from the financial fallout.
Stanhope and FWM Merge to Create $24 Billion Wealth Manager
Stanhope Capital and FWM Holdings plan to merge and create a wealth management firm with $24.2 billion in assets.
JPMorgan To Pay $250 Million Fine Over Pattern Of Misconduct In Wealth Management Business, Its Second Huge Settlement In Two Months
JPMorgan will pay a $250 million fine over inadequate risk management controls in its wealth management business.
Texas financial advisor charged in client’s death, staged it as suicide, police say
An advisor is facing murder charges for allegedly killing one of his clients that he is also being accused of bilking, along with at least 8 others.
Defined Contribution Advisors Working Overtime As New Business Remains On Hold
COVID-19 has prevented Defined Contribution Advisors from finding new business, as they are working overtime to guide clients through the pandemic.
