A barred financial advisor fired by Edward Jones more than three years ago is facing criminal charges in connection with an alleged scheme that defrauded an elderly widow out of close to $1 million.

Acting SEC Chair Mark Uyeda on Tuesday said he has asked the agency's staff to evaluate whether the regulator should shift oversight of some mid-size investment advisors to state regulators.

Kestra Holdings subsidiary Bluespring Wealth Partners has hired an experienced LPL Financial executive to oversee strategic growth efforts as Kestra's acquisition arm further bolsters its leadership.

Though the firm has built technology platforms of its own in the past, it is now looking to partner with providers for its tech needs, according to Managing Partner Penny Pennington.

"The RIA M&A market is off to a strong start in 2025, potentially setting the stage for another record year," the company concluded. DeVoe tracks deals involving $100 million or more in assets under ...

The group said at the time that the ban on the use of "advisor" or "adviser" in their titles would extend to anyone without a license as an investment advisor or investment advisor representative.

Last week's tariff-induced market downturn triggered an increased amount of uneasiness and concern for investors, but financial advisors mostly say they're telling clients to ride out the volatility ...

The suit, filed in 2016 in the Circuit Court for Broward Country, Florida, alleged that Wells ran "an elaborate fraudulent scheme" that included charging the trust set up for the benefit of Seminole ...

Morgan Stanley paid Co-President, Head of Investment Management and Head of Wealth Management Andy Saperstein $27 million for his work in 2024.

Bettinger, who joined Schwab in 1995 and had led the firm as CEO since 2008, earned the same base salary of $1.5 million last year as he did in 2023 and received the same $11 million in stock awards ...

Gettel has been in the industry since 1983, when she registered with Waddell & Reed. She later moved to B.C. Christopher Securities, General Securities Corp., BMA Financial Services, Locust Street ...

Ark Chief Executive Cathie Wood, who endorsed Trump's candidacy for president, acknowledged in a video commentary on Friday that the White House's method for calculating the tariffs — on the basis of ...