SmartAsset estimates that the average 55-year-old client, assuming a 1% asset-based fee, would over their remaining lifetime yield advisory fees to the tune of between roughly $150,000 — for those ...
Meanwhile, consumer outlook across all groups, despite being still roughly neutral, "is in slow decline," falling in February for a third month in a row to 99.8 points, with 100 being neutral, down ...
Raymond James announced that it has expanded its leadership ranks with the creation of a chief artificial intelligence officer position.
Raymond James' Tash Elwyn said there's "going to be a price to pay" in the RIA space for the valuations bestowed on selling firms in recent years by hungry private equity players.
Under Acting Head Mark Uyeda, at the helm of the commission only since President Donald Trump 's inauguration last month, the SEC has already agreed to drop its 2023 suit against Coinbase, the largest ...
Taxpayer benefit from potential cuts is unclear since the SEC receives industry fees and is "deficit neutral," according to the regulator's latest budget report to Congress, per Reuters. The SEC ...
Adam Kaplan who, along with twin brother Daniel Kaplan, was charged in 2023 with 16 counts, including wire fraud and money laundering, is facing additional counts connected to allegations that he ...
Merrill, without admitting or denying Finra's allegations, last week agreed to a censure, to pay a fine of $275,000, and to certify within 180 days that the firm has taken appropriate remedial actions ...
That approval is likely — two of the SEC's current three commissioners — Acting Head Mark Uyeda and Republican Commissioner Hester Peirce, also known as "Crypto Mom" — have been vocal for years about ...
White males made up the entirety of Morgan Stanley's lineup to succeed former Chief Executive Officer James Gorman, though the company has several women in top jobs, including Chief Financial Officer ...
Lorna Meyer has 47 years of experience and had been at Merrill since 2001, according to her BrokerCheck record. She first registered in 1977, at E. F. Hutton & Co., and she had stints at Drexel ...
Generative AI will "significantly lower the threshold for market entry for startups, similar to what the digitalization and internet wave did decades ago," Martin Moeller, Microsoft's EMEA head of AI ...