In a press release Wednesday, Summit said Gordon Asset, which has offices in Durham and Pinehurst, N.C., has joined Summit’s partnership model, Summit Growth Partners. The firm manages $220 million in ...

The turbulence that sent the Cboe Volatility Index, or VIX, to its highest since August arrives at a typically sanguine time for the stock market. Usually the second half of December benefits from ...

Jefferies Financial Group Inc. ousted a team of advisors in Miami who oversee the fortunes of wealthy clients after discovering allegedly improper money transfers and off-channel communications to ...

New York City-based Kingswood U.S., a network of independent wealth management firms that oversees more than $15 billion in client assets globally, announced today that it has added 28 advisors to its ...

Homebuilder stocks are on pace to end the year with a loss of 1.6%, compared to their 80% leap in 2023. The SPDR S&P Homebuilders ETF is currently seeing its largest quarterly outflow in two years.

UBS Financial Services has agreed to pay nearly $3.5 million to settle charges by the Financial Industry Regulatory Authority that it failed to supervise its representatives, allowing them to ...

Assets in model portfolios increased this year as more advisors are realizing the benefits they provide for their clients. Simultaneously, clients of advisors who use model portfolios are experiencing ...

The North Carolina acquirer added Campbell Wealth Management in Virginia and Minnesota's TruNorth Wealth Partners.

Existing-home sales in the U.S. topped a rate of 4 million in November for the first time in six months as house hunters begrudgingly accept mortgage rates above 6%.

Dan Meehan, who most recently served as a vice president at Arete Wealth, has been appointed vice president of recruiting at Berthel Fisher Companies, a wealth management, investment management and ...

It might seem easier and cheaper to stay home watching Netflix, but Americans need to get out more if they're going to feel less lonely.

Rival firms Ameriprise Financial and LPL Financial have settled their U.S. District Court litigation over advisor departures and client poaching, agreeing to hire a forensic examiner to look at LPL’s ...