The Securities and Exchange Commission and the New York Attorney General a couple of weeks ago gave a whooping to a broker-dealer subsidiary of Teachers Insurance and Annuity Association of America, better known as TIAA, and penalized the firm $97 ...

The broad financial advice industry, comprising roughly 320,000 individuals registered as investment advisers or brokers, is trying to indicate that it’s finally getting serious about becoming diverse and hiring more women, Blacks, and other minorities. Having a diverse set of ...