Financial Advisor Blog - Page 23 - Financial Advisor Transitions

Gary Gensler to Step Down as SEC Chair

November 26th, 2024

Gary Gensler, the U.S. Securities and Exchange Commission (SEC) Chair, will step down from his role, coinciding with the inauguration of President-...

LPL Financial Raises Bar for 2025 Advisor Bonuses

November 25th, 2024

LPL Financial recently announced changes to its production bonus targets for the first time in a decade.

Schwab Releases Investment Advisor Participation Fees in its Referral Pr...

November 22nd, 2024

Charles Schwab is reviewing adviser participation fees within the Schwab Advisor Network, a program that generates significant new business for man...

Morgan Stanley's Strategic Approach Unveiled

November 21st, 2024

Morgan Stanley's wealth management division is close to meeting its 30 percent operating margin goal. Jed Finn, the Head of Wealth Management, rece...

UBS Eyes US Expansion Amidst Credit Suisse Integration

November 20th, 2024

UBS is seeking broader authorization to operate in the United States, aiming to strengthen its presence in a market designated for growth.

Goldman Sachs Revamps Family Office Services to Meet Evolving Client Needs

November 19th, 2024

Goldman Sachs has revamped its approach to serving ultra-wealthy clients by merging its Ayco and Private Wealth Management family office service of...

RIA Consolidators Drive Industry Transformation Amidst Growing Market Share

November 18th, 2024

Registered Investment Advisory (RIA) consolidators are significantly transforming the traditionally fragmented RIA market, according to a recent re...

Lessons from High-Profile Financial Mismanagement Cases

November 15th, 2024

Following news reports that Justin Bieber reportedly is contemplating suing his financial managers over alleged mismanagement of his $300 million f...

Merrill Lynch Faces Class Action Suit Alleging Race and Gender Discrimin...

November 14th, 2024

Two veteran Merrill Lynch advisors, both Black women, filed a proposed class action against Merrill Lynch and its parent company, Bank of America.

Wall Street Year-End Bonuses Expected to Surge

November 13th, 2024

Wall Street professionals can expect a notable boost in year-end incentive payments for 2024, with most areas of the financial services industry ex...