Financial Advisor Blog - Page 68 - Financial Advisor Transitions

RBC Wealth Management Team Onboards $1 Billion In Record Time

January 19th, 2023

RBC Wealth Management has taken steps to expedite the transfer of clients and their accounts for transitioning advisors, according to a recent arti...

2022's Worst-Performing ETFs in the U.S.

January 18th, 2023

Exchange-traded funds (ETFs) that invested in niche categories were among the biggest market losers in 2022.

Stock Hedge Funds Experience Second Year of Losses

January 17th, 2023

In 2020, many tech-heavy hedge funds, including Light Street Capital Management, posted record years. However, 2020 was the last time stock hedge f...

Edward Jones Ordered To Pay $1.1 Million

January 16th, 2023

The Financial Industry Regulatory Authority (FINRA) has ordered Edward Jones to pay a $1.1 million fine to settle a case involving the firm's failu...

Alternative Investment Fundraising Expected to Reach $100 Billion In 2022

January 13th, 2023

Non-traded alternative investments are on pace to raise more than $100 billion in 2022, according to a report by Robert A. Stanger & Co.

Broker-Dealers Produced Better Results Than Expected in 2022

January 12th, 2023

2022 was not the best year for the retail broker-dealer industry, but it could have been much worse. Across the retail brokerage industry, broker-d...

SEC Makes Improvements to Its Whistleblower Program

January 11th, 2023

The Securities and Exchange Commission (SEC) is proclaiming improvements to its whistleblower program.

CFP Board Announces Review of Competency Standards

January 10th, 2023

The Certified Financial Planning Board of Standards (CFP Board) announced that it would form a Competency Standards Commission in early 2023.

Wells Fargo To Pay Nearly $3.7 Billion Fine

January 9th, 2023

Wells Fargo & Co has settled with the Consumer Financial Protection Bureau (CFPB) to resolve allegations that it harmed more than 16 million people...

UBS Informs Branch Managers They Will Need To Find New Roles

January 6th, 2023

UBS Wealth Management USA has informed dozens of branch managers that they will need to find new positions in the firm by early 2023.