This story first ran on FundFire, a sister publication of Financial Advisor IQ. PGIM is expanding its semi-liquid alternative investment offerings as it builds out its evergreen product suite. The ...

Wealth Enhancement Group is facing a lawsuit from one of its former staffers in Pennsylvania accusing the firm of discriminating against her during her high-risk pregnancy. Amy Fox, who joined the ...

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 ...

Wells Fargo, which recently removed references to diversity in its annual report, has also scrapped a diverse hiring policy, amid a rapid shift away from such initiatives since President Donald ...

Goldman Sachs is the latest Wall Street giant to reverse course on diversity language in its corporate documents amid a countrywide pushback against diversity, equity and inclusion initiatives that's ...

The Securities and Exchange Commission continues winding down its caseload related to cryptocurrencies, most recently abandoning its case against Coinbase, the largest U.S. cryptocurrency exchange, ...

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 ...

The Securities and Exchange Commission is now requiring some of its lawyers to get approval from the politically appointed commissioners before embarking on probes, according to Reuters. Some members ...

The Certified Financial Planner Board is urging financial professionals to tap the capabilities of generative artificial intelligence, keeping in mind their obligations as far as the sensitivity of ...

This story originally ran on Financial Advisor IQ sister publication Ignites. Betterment is acquiring Ellevest's automated investing business, allowing the latter to focus more on wealth management ...

Ameriprise Financial's bid for a temporary restraining order against LPL Financial and an advisor team that defected has been denied. Ameriprise in its complaint asserted that the team's actions ...