Former LPL Employee Sues Firm, Alleging Age Discrimination
In a newly filed suit, Aldina Barry says she worked for LPL for more than 25 years and argues new performance metrics were used…
Category: Wealth
We’re All AI Investors Now, and That’s Risky
More than 60% of Americans now own stock, mostly through retirement plans, creating systemic risk if AI hopes fail.
Bill Harris Launches AI Financial Advice App
The former PayPal and Intuit CEO’s new self-directed platform aims to democratize wealth management strategies for investors without requiring minimum balances.
First Horizon Wealth Management: Staying Dynamic in a Changing Market
CIO Eric Teal discusses how the firm seeks to capitalize on growth opportunities without taking on excessive risk.
To Get a Piece of Anthropic, Retail Investors Are Open to Big Risks
Retail investors are pouring money into funds and vehicles promising access to Anthropic and OpenAI ahead of their IPOs
California Advisor Gets 9 Years for $9.5M Fraud
Edwin Lickiss Jr. ran a Ponzi scheme from 1998 to 2024, promising clients exclusive tax-free bonds with returns up to 30% while using their…
Lines Blurring Between RPAs and Institutional Investment Consultants
The competition to win the convergence race is heating up.
Concurrent Expands in Houston, Tops $23B in Assets
The team has left Raymond James to bring $425 million in AUM to Concurrent’s 1099 affiliation platform, which now oversees more than $23 billion…
Osaic Faces Additional Cash Sweep Class Action Suit
Two customers claim the firm prioritized profits by keeping sweep account interest rates artificially low. It's the latest in a line of cash sweep…