Morgan Stanley also recently removed language about DEI from its annual report, while Bank of America removed reference to diversity from its hiring objectives and stopped requiring hiring managers to ...

Amy Fox claims that she was fired a month after returning from maternity leave because she had asserted allegations of pregnancy-related discrimination by her supervisor. Wealth Enhancement Group is ...

The firm has named Anand Subramanian and Ken Novak to leadership roles as it seeks to bolster its private market offerings for high-net-worth clients. Raymond James announced that it has added two ...

Based on its ADV, each Ellevest account, on average, represents slightly more than $15,714. The average balance at Betterment is $45,900 per account, based on the ADV figures. Achieving and sustaining ...

Uyeda was named acting SEC chairman on Jan. 20 while former commissioner Paul Atkins — Trump's official nominee for the role — awaits Senate confirmation. On Monday, Uyeda pledged to return the SEC to ...

Raymond James is also preparing to enter the interval fund space with a private credit strategy, FundFire, a sister publication of Financial Advisor IQ, reported last month.

SmartAsset estimates that the average 55-year-old client, assuming a 1% asset-based fee, would over their remaining lifetime yield advisory fees to the tune of between roughly $150,000 — for those ...

Meanwhile, consumer outlook across all groups, despite being still roughly neutral, "is in slow decline," falling in February for a third month in a row to 99.8 points, with 100 being neutral, down ...

This story also ran in Financial Advisor IQ's sister publication FundFire. The Securities and Exchange Commission on Friday told top staff at its 10 regional offices that their services were no long ...

The platform, Alts Connect, is powered by Subscribe, a financial technology company that describes itself as an alternative investments operating system. Alts Connect aims to streamline the ...

Republicans in both chambers of Congress are leading the charge once again to repeal a tax that affects fewer than one in a thousand Americans.