A team of four advisers and four associates managing $1 billion at Merrill Lynch in Portland, Oregon, has joined RBC Wealth Management. Known as the Inter Alia Group, the team consists of advisers Stephen J. Groth, who had worked at ...

Fidelity Institutional, which provides custodial services to registered investment advisory firms and clearing services to broker-dealers, will provide those firms with access to a new third-party email security offering provided by cybersecurity company Armorblox. The offering is intended to protect ...

RBC Capital Markets has agreed to pay more than $800,000 to the Securities and Exchange Commission to resolve charges that it engaged in unfair dealing in muni bond offerings. Without admitting or denying the findings, RBC consented to a public ...

AdvicePay, the payment processing platform launched by XY Planning Network founders Alan Moore and Michael Kitces, announced a new feature on Friday that lets users customize different components of a fee-for-service financial plan. The new feature, which the firm is ...

Finra is probing how brokerages use TikTok, Twitter, Instagram, Facebook and other social media platforms to land new customers. In an examination sweep launched this month, the Financial Industry Regulatory Authority Inc. will assess how firms utilize online “influencers” to ...

The majority of retirement plans are failing to deliver proactive guidance, and many have made it difficult to find the information that users are seeking on their websites and mobile apps, according to the latest study of retirement plan digital ...

Invesco Ltd. is in talks with State Street about a merger with State Street Global Advisors, the Boston-based bank’s asset management business, according to a source quoted by Reuters. The Wall Street Journal broke the news of a possible transaction, ...

Finra this week suspended an institutional salesman for eight months and fined him $5,000 for fudging expense reports related to his commuting expenses riding a bus, according to a settlement released Tuesday. Anthony DeJohn was registered with BMO Capital Markets ...

Technology firm NVIDIA this week received a temporary win in a lawsuit it has faced over alleged fiduciary breaches tied to its 401(k) plan. On Monday, a judge in U.S. District Court in the Northern District of California granted a ...

Halfway through 2021, assets in health savings accounts totaled $92.9 billion, a year-over-year increase of 26%, according to a study by Devenir, a Minneapolis-based HSA specialist. The study found that almost $24 billion was contributed to health savings accounts during ...