Stanhope and FWM Merge to Create $24 Billion Wealth Manager
Stanhope Capital and FWM Holdings plan to merge and create a wealth management firm with $24.2 billion in assets.
Recent
JPMorgan To Pay $250 Million Fine Over Pattern Of Misconduct In Wealth Management Business, Its Second Huge Settlement In Two Months
JPMorgan will pay a $250 million fine over inadequate risk management controls in its wealth management business.
Texas financial advisor charged in client’s death, staged it as suicide, police say
An advisor is facing murder charges for allegedly killing one of his clients that he is also being accused of bilking, along with at least 8 others.
Defined Contribution Advisors Working Overtime As New Business Remains On Hold
COVID-19 has prevented Defined Contribution Advisors from finding new business, as they are working overtime to guide clients through the pandemic.
Pandemic Didn’t Stop SEC From Examining 15% Of RIAs
During the 2020 fiscal year, the SEC Office of Compliance Inspections and Examinations (OCIE) conducted more than 2,950 examinations.
Survey Says? More Financial Advisors Thinking of Outsourcing
The coronavirus pandemic is altering an array of industries, including finance, and how advisors are working with clients.
Redtail Technology Survey Uncovers 86% of Advisors Were Technologically Prepared to Work from Home
A study of 1750 financial advisory employees has discovered that the majority of respondents were prepared for a seamless transition to work from home
