Raymond James announced that it has added two executives to its Private Capital Markets team as it expands its range of offerings for high-net-worth clients. The firm has named Ken Novak its head of ...

An ex–J.P. Morgan private client banker can clear his record of Form U5 language he claims is defamatory and misleading. Julio Alberto Romero was discharged by JPMorgan Chase in November 2013, after ...

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 ...

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 ...

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 ...

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 ...

Welcome to Deconstructed, a weekly newsletter from Financial Advisor IQ that breaks down news and perspectives on portfolio construction. Wirehouses and asset managers have been nudging advisors to ...

Another ex–Morgan Stanley financial advisor has lost a bid to recover deferred compensation that was forfeited when he left the wirehouse. A Financial Industry Regulatory Authority arbitration panel ...

Welcome to Deconstructed, a weekly newsletter from Financial Advisor IQ that breaks down news and perspectives on portfolio construction. More advisors are warming up to cryptocurrency, with a growing ...

A U.S. Senate committee will look into claims that traditional lenders have refused service to certain political groups and types of customers in what's being termed "debanking," according to Reuters.

This story originally ran on Deconstructed, a weekly newsletter from Financial Advisor IQ that breaks down news and perspectives on portfolio construction. More advisors are warming up to ...