Latest News

Carson Group: Still Too Few Women in Wealth Management

Its latest report confirms the industry has made little progress in gender diversity despite a lot of talk.

Supreme Court Seems Wary of SEC’s In-House Tribunals Without Juries

The Supreme Court discussed a case involving a hedge fund manager in which the SEC brought a civil enforcement proceeding that charged he mislead investors.

Annuity Sales Continue March Upward

Annuity sales are set to have another record-breaking year, based on results in the third quarter.

Humana, Cigna in Talks to Merge

A deal would give Cigna a much greater foothold in the fast-growing market for managing federal Medicare plans for older Americans.

Aretha Franklin’s Sons Awarded Late Singer’s Real Estate

They now own the late singer's real estate after a judge ruled that a handwritten will found hidden in her sofa was the correct document.

The Wit and Wisdom of the Late Charlie Munger

Charlie Munger, Warren Buffett's deputy who helped transform Berkshire Hathaway into a conglomerate, will be remembered, in part, for comments like these.

Supreme Court to Hear Biden Appeal of Case Affecting Advisors, Others

Lower courts have decided the SEC’s power to seek penalties through in-house enforcement proceedings violates the U.S. Constitution. Another case pending against FINRA says it has too much power.

Morgan Stanley Wealth Management Exec Has Cancer

He told the staff in a memo that he will limit travel but intends to keep working.

A Cancer Patient’s Last Wish: To Pay Off the Medical Debt of Others

Her efforts continue to raise money even after her death a week ago. More than 20 million people in the U.S. have “significant” medical debt.

New Social Security Report Shows Growing Overpayment Problem Tops $23B

When beneficiaries can’t repay the money, the SSA may lower their monthly benefit checks, even when the overpayments were its fault.