You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Commonwealth Financial Network has seen more advisor attrition in the wake of LPL’s acquisition of the independent broker/dealer, which closed in early August. Kestra Financial, Cambridge Investment Research, Raymond James and Arkadios are the latest competitors to pick up Commonwealth advisors, according to regulatory filings as of Sept. 9. Kestra recently added eight advisor teams, including T ...

Anciens Huang | Moment | Getty ImagesWhen you're hiring a financial advisor, it's crucial to understand how that professional gets paid.To consumers, it may seem like a simple question to ask — but the answer isn't necessarily straightforward.About 36% of consumers don't know how they pay for a savings or investing relationship with a financial firm, according to a 2023 Hearts & Wallets survey. Another 20% said they think their financial service is free.Many of those clients are likely mistaken, although so ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Two weeks ago, Raymond James filed a lawsuit in the U.S. District Court for the Eastern District of Michigan against Pietro “Peter” Melia, the Michigan-based husband of Sarah Melia, who was a Raymond James advisor for 13 years before her death in March 2025. The firm claimed he refused to return her company laptop and sent letters to clients soliciting them on behalf of another firm. A ...

Grant Thornton has appointed Cameron Bacon as new national head of corporate finance. Bacon, who has a 25-year tenure in corporate finance, possesses expertise in mergers and acquisitions, capital raising, and strategic growth planning. Previously a partner in financial advisory, Bacon has background in advising clients across various sectors, particularly in food and beverage, and agribusiness. His leadership in Grant Thornton’s Agribusiness, Food & Beverage industry group has been generating insights ...

Don’t trust before you verify. While advisors feel good any time a prospective client walks through the door, a small fraction of potential customers may have earned their money illegitimately. Some may be trying to launder proceeds from criminal enterprises such as drug-trafficking and racketeering, and the Bank Secrecy Act requires many wealth managers to set up procedures to detect such transactions and, potentially, to alert law enforcement. Bad actors “are definitely finding better ways to navigate ...

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. To some, the word strategic is starting to become an overused catch-all in conversations about the CFO role. Across LinkedIn and business media alike, the term strategic, alongside others like collaboration, forward-thinking and decision makers, is used as if finance leaders are just now stepping into strategy. In reality, CFOs have long been a major part of setting direction ...

Common scams include fake initial coin offerings (ICOs), which entice victims to purchase worthless currencies, and fake digital wallets, where victims unknowingly provide private keys to criminals.Outside of professional help, another great defense against scammers is education. An FBI report showed that fraudulent investments (which caused over $6.57 billion in losses among all victims) and phishing or spoofing scams (an estimated $70.0 million in total financial loss) were most likely to fool victims in ...

SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. Can you retire at 65 with $750,000 in a Roth IRA and $1,800 in monthly Social Security? Based on median incomes and the 10x rule, most people will need about $740,000 to finance a secure retirement. So in theory, a $750,000 Roth IRA and $1,800 in Social Security benefits will be enough for many individuals to retire. But there are many things to consider to ensure sustained comfort throughout retirement b ...

Appointment Strengthens Firm’s Consumer & Retail Capabilities and Broadens Geographic ReachNEW YORK and LONDON, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Hanadi Al Hamoui has joined the Firm as a Partner. Based in London, Ms. Al Hamoui joins the Firm’s Consumer & Retail business and will play a key role in strengthening Perella Weinberg’s presence in Consumer & Retail across EMEA. Ms. Al Hamoui joins Perella W ...

Appointment Strengthens Firm’s Healthcare Services & Technology CapabilitiesNEW YORK, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (Nasdaq: PWP), a leading global independent advisory firm, announced today that Barry Blake has joined the Firm as a Partner. Based in New York, Mr. Blake joins the Firm’s Healthcare business and will provide strategic and financial advice to healthcare services & technology clients, across both corporates and financial sponsors. Mr. Blake joins Perella Weinberg ...