Candidates for Congress often focus their campaigns on local issues — such as roads and bridges that need to be fixed — while working in national themes like inflation. Steve Irwin hopes securities regulation will be a topic that helps ...

Assets on turnkey asset management platforms have exploded in recent years as advisers focus on building relationships with clients instead of managing their portfolios. There is now an estimated $3 trillion in assets on TAMP platforms, a number that’s expected to ...

Financial advisers might be keeping a stiff upper lip and presenting a sense of calm to clients during the growing economic and geopolitical unrest, but the general sentiment among financial intermediaries is quietly turning negative. The results from the latest ...

Robinhood Markets Inc. reached a $640,000 settlement with Vermont regulators over outages on the brokerage’s trading platform and lax supervision of accounts. The firm is still grappling with the fallout from a series of disruptions on its brokerage app in ...

Sanctuary Wealth, an Indianapolis-based wealth management firm with more than $20 billion in assets, said it’s acquired a minority stake in EverNest Financial Advisors, a registered investment adviser that’s also based in Indianapolis. EverNest has close to $400 million in ...

A California-based robo-adviser wants to make climate-aware portfolios a centerpiece in 401(k)s, this week announcing a service for small businesses. The firm, Carbon Collective, bills itself as “the first online investment adviser 100% focused on solving climate change.” The 401(k) ...

Pontera, a fintech formerly known as FeeX, said that it’s partnering with SageView Advisory Group, an RIA with $175 billion in assets, to help the firm’s advisers manage clients’ held-away retirement accounts. Pontera’s service lets advisers allocate assets in client ...

Robinhood Markets Inc.’s plan to let users lend their stocks to other financial institutions — a program known as fully paid securities lending — is taking shape within its app, part of a push to compete with more conventional brokerages. ...

Senate Banking Committee Chairman Sherrod Brown, D-Ohio, is worried about the growing presence of private equity funds in the insurance industry and the potential risk it creates for retirement savers. Private equity firms have been acquiring insurance companies at a ...

Robo-adviser platforms are coming under the gun again as the latest tech advances attract increased scrutiny from regulators and raise concerns about the possibility of conflicts. New tools, like artificial intelligence and predictive analytics, have helped robo-advisers better manage money ...