Independent wealth management firm uses robots to let real advisors focus on growing high net worth clients.
Gordon Eckstein, one of the key players in the Livent Entertainment financial fraud scandal, was given a lifetime ban from the Ontario Securities Commission.
The OSC will determine what if any censure a former executive at Livent Inc., responsible for theatre greats like the Phantom of the Opera, will face following a hearing Friday May 22.
There may be an unintended consequence to the holistic approach a growing number of advisors are now adopting.
An elderly woman has been awarded $77m after alleging a bank frittered away tens of millions of dollars placed in trust by her convict son.
Heat from his advisors may have forced Schwab’s CEO to downplay the importance of his new robo-advisor service.
Investigators from the Peel Regional Police Fraud Bureau have charged two men with using an alleged Ponzi scheme to bilk 24 investors of more than $4 million.
Funds launched by Fidelity Investments aim to provide investors with long-term solutions as the economy continues to struggle through low-interest rates and energy prices.
A ruling from Canada’s highest court suggests clients – and not their advisors – will have to carry the can for rash investment decisions, that’s with or without a fiduciary standard.
The investment was “economically impossible,” says the securities commission, but the fact investors flocked to take part speaks to what little advisors can do to stop them.
