News

New Unicorn Wealthsimple Pushes for Growth Spurt Before IPO

The Canadian online investment company announced a new funding round that raised C$114 million ($87 million) that it plans to use to build out cash, checking, insurance and mortgage products.

Robinhood Internal Probe Finds Hackers Hit Almost 2,000 Accounts

Robinhood, with more than 13 million customer accounts, is exploring other added security options.

Did the DoL fiduciary rule really make variable annuities cheaper?

A recent study suggests sales of "expensive" VAs fell as a result of the vacated rule. But there are other factors at play, writes Raymond James' Scott Stolz.

The Healthcare Challenge for Independent Advisors

Jumping from the employee channel to build an independent advisory practice is increasingly easy—except when it comes to health insurance.

The Health Care Challenge for Independent Advisors

Jumping from the employee channel to build an independent advisory practice is increasingly easy—except when it comes to health insurance.

Addressing women’s longevity gap

Advisers can help couples prepare today for survivorship and health care costs

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The Power of PPLI Planning

How to integrate lifetime exemption planning with private placement life insurance structures.

Robinhood internal probe finds hackers hit almost 2,000 accounts

Robinhood, with more than 13 million accounts, is considering whether to add a customer service phone number

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CFP Board Continues Remote Proctoring for November Exams

The November CFP exams will be offered remotely, in addition to the brick-and-mortar centers administered by Prometric.

Laserfiche Vault: An Award-Winning Solution for Meeting the Compliance Requirements of SEC Rule 17a-4

How Laserfiche has employed leaps in technology to further ease the compliance burden and improve the efficiency of wealth managers.

November CFP exam will include online option

The CFP Board is offering the remote proctoring option again in response to the ongoing pandemic

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401(k) plans should allow cross selling: Report

Hearts & Wallets report finds participants want advice that their employer-sponsored plans simply can't provide

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New Jersey financial transaction tax set for Assembly hearing

Amendments to reduce the size of the levy and set an expiration date likely to be considered

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Morgan Stanley Adds 70 Advisors in Q3

Unlike its wirehouse competitors, Morgan Stanley added to its headcount in the third quarter of the year, amidst the COVID-19 pandemic.

Some TD Ameritrade Integrations To Be Cut From Schwab's Platform

Executives are still sorting out which third-party integrations will make the grade, and which will be dropped from the final advisor platform.

Morgan Stanley adds advisers during pandemic

The wirehouse reports a net increase of 70 advisers during the summer, despite COVID-19

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Recapitalization? SPACs? Cetera’s PE backer shares long-term plans

Genstar Capital Managing Partner Tony Salewski spoke openly with advisors about the firm’s investment strategy for the IBD network.

It’s True, More Investors Are Looking for Financial Advisors

The College for Financial Planning released a small study indicating advisors have grown their client base during the pandemic.

Morgan Stanley CFO: We’re advisors’ destination of choice

Renewed recruiting efforts and pumped-up tech are boosting headcount and fee-based assets.

Wells Fargo fires more than 100 workers for abusing COVID-19 relief aid

The firm determined that the staffers defrauded the SBA “by making false representations in applying for coronavirus relief funds for themselves.”