UBS Informs Branch Managers They Will Need To Find New Roles

January 6th, 2023
UBS Wealth Management USA informed dozens of branch managers that they would need to find new positions in the firm by early 2023.

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Goldman Sachs To Eliminate Up To 4,000 Jobs

January 5th, 2023
As CEO David Solomon seeks to contain a slump in profit and revenue, Goldman Sachs Group Inc. plans to eliminate up to 4,000 jobs or eight (8) perc...

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FINRA Foundation Research Examines Changing Investor Demographic

January 4th, 2023
A new study by the Financial Industry Regulatory Authority's (FINRA) Investor Education Foundation (FINRA Foundation) reveals interesting facts abo...

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SEC "Pump and Dump" Case Reveals How Scammers Dupe Investors

January 3rd, 2023
The Securities and Exchange Commission (SEC) has brought fraud charges t against eight social media influencers accused of promoting languishing st...

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15 Funds Destroying The Most Investor Wealth Over the Last Decade

January 2nd, 2023
Amy Arnott, a portfolio strategist for Morningstar Research Services, recently shared her analysis of the fifteen funds that have destroyed the mos...

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LPL Boasts of its Employee Model Ambitions

December 22nd, 2022
LPL's employee channel, Linsco, launched three years ago, has grown into its own in 2022, and has successfully attracted roughly 25 teams, accordin...

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Cetera Closes First Allied Securities

December 21st, 2022
First Allied Securities Inc., part of the Cetera Financial Group network of broker-dealers, has announced that it has closed.

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Customized Index Strategy Could Hit $825 Billion in Four Years

December 20th, 2022
Cerulli Associates expects assets in direct indexing to climb to $825 billion by 2026 from roughly $462 billion today, according to a research pap...

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Florida's Treasury Department Terminates BlackRock From Managing $2 Bill...

December 19th, 2022
The services of BlackRock, which managed $2 billion in the state's long-duration portfolio and its short-term investment fund, have been terminated...

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UBS Steps Away From Plan to Serve Broader Segment of Affluent Customers

December 16th, 2022
After abandoning a deal to acquire Wealthfront, UBS Group AG now will focus solely on the high-net-worth and ultra-high-net-worth US clients, there...

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Blog

Wells Fargo Advisors Posts Quarterly Gain in Advisor Headcount

February 3rd, 2023
For the first time in years, Wells Fargo Advisors has posted a quarterly gain in its advisor headcount.

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AdvisorCheck Aims To Be A One-Stop Shop For Financial Advisor Misconduct...

February 2nd, 2023
Fintech startup, AdvisorCheck has created a regulatory database t to allow financial services firms to monitor the regulatory issues confronting th...

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The Seven Pillars of Successful Networking

February 1st, 2023
Advisors with leadership ambitions must figure out how to recruit new clients and grow the business.

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