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Macquirie and Wilshire to offer private investments fund

Delaware Wilshire Private Markets Fund has $25,000 minimum

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Regulation Best Interest: A rule that works

Existing regulations that protect investors and deliver clarity to the industry must be preserved by the incoming administration, writes Financial Services Institute CEO Dale Brown.

EP Wealth adds $535 million with Harris Financial acquisition

The $9 billion PE-backed acquirer has made 13 deals in three years

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SEC obtains final judgment against North Carolina fraudster

Former RIA Richard Davis, now in prison, took $9.3 million from 75 clients

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Treasury seeks unused pandemic lending funds from Fed

The Fed objected to the request, which would shut five of the central bank's emergency lending programs at year-end

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Fourteen Financial Planning Tips to Act on Before Year-End

And a quick guide to the relevant deadlines.

Goldman picks its winners in ESG sweepstakes

Analysts choose 50 companies in the S&P 500 that should get a boost as money managers increasingly use ESG criteria to pick stocks

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Congress blasts IRS for limiting tax breaks for firms with forgiven PPP loans

Sens. Grassley and Wyden criticize new IRS guidance that prohibits businesses from writing off expenses they covered with money from forgiven loans

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Future of advice is all about feelings

Best of advice industry is using pandemic to ask clients how they are doing: AgeLab's Coughlin

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Schwab’s Hathi recommends advisers leverage technology for scale and personalized services

Take digital as far as possible to free up human capital

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Merrill Lynch president urges ‘full transparency’ on diversity in industry

Disclosing such information is rare in wealth management, but long overdue, says Andy Sieg.

SEC warns advisers to step up compliance systems

The exams revealed some advisory firms are lacking sufficient regulatory protocols and technology

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Women have a crucial role to play in boosting the diversity of advice

InvestmentNews' 2019 Women to Watch honored for their successes and support of other women

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Tax planning moves to end the year right

Here are some strategies for clients eager to lock in tax-efficient financial decisions before year-end

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New bill would require advisers to consider socially responsible investing in retirement plans

Michigan Democrat Andy Levin plans to introduce two bills in the House addressing ESG

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T. Rowe Price to launch new asset management business

The new platform will be seeded with six funds managing $167 billion in a effort to manage capacity issues

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401(k) defaults linked with lower CARES Act withdrawals

An academic paper this week found that early withdrawal requests increased most among savers who build their own portfolios

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Financial Wellness Apps Need Advisor Collaboration Points

Both investors and advisors will benefit from access to the latter's expertise when it comes to digital planning and retirement account applications.

How to reduce estimated tax penalties with IRA distributions

For some, estimated tax payments are a non-issue. Others may earn all of their income from sources that don’t withhold amounts for federal income taxes.

Toronto RIA consolidator CI Financial lists on NYSE

With 11 deals since February, the Canadian financial firm is dominating the U.S. RIA market

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