Treasury Secretary Scott Bessent, picked by Trump to serve as temporary head of the consumer watchdog to replace Chopra, immediately ordered CFPB staff to pause final rulemaking, suspend the effective ...
Pick, who earned $25 million for 2023, his last year as co-president and head of institutional securities before succeeding James Gorman as CEO at the start of 2024, will earn $34 million for 2024, ...
Dimon's remarks, delivered during a town hall meeting in Ohio, were reviewed by Barron's and come amid broader cost-cutting measures at the bank, which has implemented layoffs and a hiring freeze to ...
The Office of the Comptroller of the Currency has closed its 2018 consent order related to Wells' compliance risk management program, the company announced on Thursday, adding that it is the 10th ...
The program, which matches prospective clients to "select, prescreened independent advisory firms" with nearby offices, charges 0.25% on the first $2 million in assets the client keeps with the ...
Advisors who go independent are less concerned with the ins and outs of different affiliation models and more interested in joining firms that won't compete with them for clients, according to ...
Thirty percent of advisors plan to allocate 20% or more to private markets in 2025, and another 29% plan to allocate 10% or more, Conshohocken, Pennsylvania–based Hamilton Lane, an alternative ...
The chief strategist told CNBC the government shrinking being carried out by DOGE will be messy but is likely to help the markets in the long term.
LPL Financial is working to "out-invest" its rivals in terms of the capabilities it offers independent advisors, according to CEO Rich Steinmeier. "We're investing in capabilities at a level that I ...
When asked about the policy in a Wednesday town hall meeting, Dimon — who has been a vocal opponent of working from home, even in the middle of the Covid-19 pandemic — was blunt: "Don't waste time on ...
McKinsey estimates that, at current productivity levels, the advice industry will have a shortage of 90,000 to 110,000 advisors, representing 30% to 37% of the current head count, by 2034. To address ...
Ameriprise on Tuesday filed a complaint against LPL, advisors Jared Roskelley and Kyle Robertson, and Registered Client Associate Matthew Tinyo, requesting a temporary restraining order pending ...