Jenni Yoon Jeong Lee targeted members of the Korean-American community, including her own family, the SEC alleges. The Securities and Exchange Commission has charged a Washington state woman with ...

The team, which operated as the Timpe Wealth Management Group during its stint at Stifel, Nicolaus & Co., generates more than $1 million in annual production, according to a source familiar with the ...

It is unclear who is the third member of the DOGE team at the SEC. The commission and the White House gave the same statements to Reuters about DOGE and the new SEC chair as they have in the past, ...

There is no conflict or breach of fiduciary duty unless the client can prove that the advisor or broker asserted undue influence on the customer, according to attorney Jenice Malecki, whose New ...

The Biden-era regulation was designed in part to replace rules implemented during Trump's first administration that had made it easier for firms to designate workers as independent contractors. The ...

Transamerica oversees about $12.7 billion in regulatory assets under management, according to its Form ADV from Aug. 1, 2024, the SEC noted. The SEC added that, during the period at issue, ...

Former Securities and Exchange Commission officials and some Democrats worry about the pressure President Donald Trump 's allies may exert on the agency's new chair, Paul Atkins, despite Atkins' ...

Morgan Stanley is broadening access to private equity investing, traditionally the domain of the ultra wealthy and institutional clients, to investors with just "a few million dollars," with the ...

To that end, the services a firm offers to independent advisors can be a recruiting boon, according to Pirker, who added that Raymond James' launch of internal talent sourcing is "quite timely," given ...

According to U.S. Bank, a client since 1992 confirmed they were contacted by Kirk and Beumer requesting that they move their business to RBC on April 17. Another client told U.S. Bank's investigators ...

The Financial Industry Regulatory Authority and the Department of Justice have asked the U.S. Supreme Court to deny the request of Salt Lake City–based Alpine Securities for a hearing of its case, ...

In February, Wells Chief Financial Officer Mike Santomassimo said FiNet was the company's fastest growing advisor channel, helping the firm resist attrition as financial advisors increasingly look to ...