Andrew Welsch

Shares of Charles Schwab have had a rough two years but the stock’s fortunes could turn around in 2025, says KBW stock analyst Kyle Voigt. With regard to Schwab, Voigt sees several potential catalysts for the company, including an opportunity to pay down short-term debt that has weighed on the stock. As for LPL, it is completing its latest big acquisition and its new leadership is focused on margin expansion, two points in its favor, according to Voigt.

In This Article JPM SCHW The company has been expanding its self-directed brokerage platform to win more wallet share with existing banking and wealth management customers.

Regulator Finra says the firms failed to provide customers with fee rebates that they were eligible for. Continue Reading View Comments

This year, exchange-traded funds broke records for flows, assets, and fund launches. ETF assets topped $15 trillion and total global fund launches hit a stunning 1,485, according to the BofA study.

For wealth management professionals, 2024 was a busy year. M&A activity among registered investment advisors set a record. Paul Atkins, nominee to serve as chairman of the Securities and Exchange Commission: Wealth management professionals can expect big changes under President-elect Trump’s pick to lead the SEC.

The company sought damages against Edward Turley, a former employee who was subject to more than a dozen customer complaints.

Ameriprise Financial has asked a judge to dismiss parts of a lawsuit brought by a group of investors over the interest rates the company paid on uninvested cash and to force the investors to take their other legal claims to private arbitration. Four investors are suing Ameriprise in federal court in Minneapolis, accusing it of breach of fiduciary duty and contract, and saying it should have paid them a higher interest rate on uninvested cash. The company has paid as little as 0.01%, according to the investors’ Nov. 4 amended complaint.

The acquisition of Executive Wealth Management is the latest in a string of deals for EP Wealth Advisors.