Edward Jones has introduced its first in-house managed account, offering no manager fee, a minimum investment of $50,000 and access to large-cap stocks as part of a broader plan to expand its SMA ...

Credit rates will also increase to 65% on all gross revenue generated through referrals to the firm's strategic client management team, which is a cross-divisional business-development group that ...

The Securities and Exchange Commission is stepping up its legal game in a bid to ensure it has more purview of the crypto space, with a planned appeal of a decision involving its suit against crypto ...

From 2020 to 2023, the interest of such investors in paid financial advice grew across the board, with an increase of 8.6% for men and 17.3% for women, according to the Boston-based consultancy's ...

The suit alleges that Bubna's economic damages as a result were at least $60,000 in fees on the annuity and the interest each year of about $24,000, while noneconomic damages — including pain and ...

Sanjay Wadhwa, the unit's deputy director, will assume his responsibilities as acting director, and Sam Waldon, the division's chief counsel, will serve as acting deputy director after Grewal departs ...

President and Chief Executive Officer Dan Arnold was found to have violated the firm’s “commitment to a respectful workplace” ...

LPL Financial announced that it has hired a former T. Rowe Price executive to lead its Investment Management Solutions team.

The co-called "Jamie premium" has given JPMorgan stock a 10% to 15% boost, according to estimates from four investors and ...

RBC Wealth Management announced that it will divide the West division in its Private Client Group, increasing the number of ...

Merrill agreed to a censure and to pay a fine of $2 million, without admitting or denying the findings, Finra said, noting that Merrill corrected and self-reported the issues related to reporting ...

As the financial services industry undergoes significant changes, financial planners are shifting focus to ensure they can serve more clients across a wider spectrum of services — but planners may not ...