Former Edelman Advisors Sue to Break Non-Compete Deals

A pair of former Edelman Financial Engines advisors is going to court to break their non-solicitation contracts, claiming that rumors of a failed sale of the firm had “reduced employee…

5 years after Jan. 6, Democrats seek to ban taxpayer-funded payouts to rioters

Five years after the U.S. Capitol attack, some Senate Democrats are introducing new legislation to prevent taxpayer money from being awarded to convicted and now-pardoned rioters. One of the new…

SteelPeak Wealth Adds BNY Pershing as Custodian

SteelPeak Wealth, a Los Angeles-based registered investment advisor backed by Emigrant Partners, has added BNY Pershing to its custody options for its more than 30 financial advisors. The RIA is…

Sen. Mark Kelly says Hegseth's move to demote him "is about stifling people's speech"

Democratic Sen. Mark Kelly of Arizona said on Tuesday that Defense Secretary Pete Hegseth’s move to begin a process to demote and cut his retirement pay “is about stifling people’s…

Six Wealth Management Industry Transition Myths

For more than two decades, we’ve published our annual Myths column. Over that time, the wealth management landscape has undergone dramatic changes, with new models, capital and opportunities that simply…

Eye Opener: Maduro pleads not guilty at first court appearance

Ousted Venezuelan President Nicolás Maduro pleads not guilty as he appears in a New York courtroom and insists he’s still his country’s president. Plus, the U.S. Department of Health and…

Moneco Advisors Completes Merger, Launches Tax Division

Moneco Advisors, a Fairfield, Conn.-based registered investment advisor with about $2 billion in client assets, has completed its merger with Lichtenstein Financial and its affiliated tax firm, Lichtenstein Tax Consultants,…

CDC announces new childhood vaccine recommendations for fewer shots

Washington — The Centers For Disease Control and Prevention on Monday announced updated recommendations for childhood vaccines with some significant changes. The new guidelines recommend fewer shots and are likely…

2025 in Review: HNW Wealth Management Lessons for Advisors

In his long-running Celebrity Estates podcast, Senior Editor David Lenok highlights issues facing the rich and famous, taking key lessons from those cases and applying them to more traditional clients.…

Trian and General Catalyst Buy Janus Henderson for $7.4B

Nelson Peltz’s Trian Fund Management and General Catalyst agreed to buy asset manager Janus Henderson Group Plc for about $7.4 billion. Shareholders will receive $49 a share in cash, up…

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