Aviva Pinto wasn’t specifically searching for a niche focus seven years ago when an attorney asked for help calculating the net worth of a client going through a divorce, but the opportunity was too obvious to ignore. “The woman was ...

High valuations won’t be a barrier to increased stock allocations next year due to a lack of alternatives and big cash piles, according to Goldman Sachs Group Inc. Record allocations by households, foreign investors, mutual and pension funds are set ...

The October edition kicks off with the big news that Franklin Templeton is acquiring O’Shaughnessy Asset Management and its Canvas direct indexing platform, as yet another traditional asset manager makes a bet that the future will be increasingly driven by ...

Charles Schwab Corp. reported record earnings per share in the third quarter as clients opened new brokerage accounts and traded more amid volatile markets. Adjusted earnings of 84 cents a share topped the 80-cent average estimate of analysts in a ...

ERISA litigator Schlichter Bogard & Denton is pursing a proposed class-action case against TIAA over that company’s sales tactics for its Portfolio Advisor managed-account service. In July, TIAA agreed to pay $97 million to settle claims brought by the SEC ...

There are potential disruptors aiming toward the financial advice industry, but those disruptors might not be what the industry is focusing on. That was among the takeaways Thursday during a technology session at the Carson Group Excell conference in Las ...

The breakneck pace of industry consolidation presents a web of new challenges for early-career advisers, according to a discussion of past and present InvestmentNews 40 Under 40 winners. Merger and acquisition activity in the industry is on track for another ...

Goldman Sachs Group Inc. posted a surprise jump in its trading business, rounding out a stellar quarter for Wall Street’s biggest banks.  The firm’s trading operation posted a 23% increase in revenue, defying analysts’ expectations that the business would struggle ...

The Securities and Exchange Commission is poised to allow the first U.S. Bitcoin futures exchange-traded fund to begin trading in a watershed moment for the cryptocurrency industry, according to people familiar with the matter. The regulator isn’t likely to block ...

When Bitcoin and other cryptocurrencies first burst onto the scene, one of the major claims was that crypto was “untraceable’’ and the “perfect tax haven.” Unfortunately, those who bought into this mythology are now finding themselves forced to make a ...