Cynthia Fernandez

Several of Cure’s staff have allegedly resigned since the comments came to light.

Eileen Cure allegedly wrote in a Skype message that she is not prejudiced but she does not want to interview Black applicants.

Record-level asset management fees and investment banking revenues were credited with the increase in net revenue.

The report gathered data from 750 high net worth investors and 200 financial advisors.

The study, conducted between January and March 2021, contains self-reported data from firms that custody their assets with Schwab Advisor Services or TD Ameritrade.

O’Connell violated six state laws, according to a regulatory complaint.

Philadelphia-based Janney Montgomery Scott added three teams from Wells Fargo and Merrill Lynch across two states managing $1.4 billion in client assets.

Advisors should emphasize the role sector funds play in a diversified portfolio when it comes to specific sector holdings, an expert says.

Yet there is concern the Delta variant of the coronavirus may spread and spear policy actions that could slow economic growth.

Raymond James’ advisor employee headcount has remained relatively flat over the last five quarters, while its 1099 channel saw an increase of 3% over the same time period, according to the company’s latest earnings report.