A number of law firms, particularly smaller ones, often retain funds to cover costs and bolster profits, adding significant revenues to some practices in recent years amid high interest rates. The ...

Launching the consultation, Lord Chancellor David Lammy described client account interest as “unearned income”, saying that ...

The Law Society immediately criticised the plan, saying it would put high street law firms at risk and force legal fees to ...

Managing multiple business transactions, assets, and bank accounts that all require escrow processing, also requires extreme organization. This element is key for any entity that needs to securely ...

The new staffer was supposed to help Toronto-Dominion Bank spot money laundering from an outpost in New York. She instead used her access to bank data to distribute customer details to a criminal ...

When a hacker impersonated a client to steal money, an advisor was faced with an expensive moral choice. It was a Monday afternoon. As the advisor sat across from me and told his story, I began to ...

Both were reported recently to Maine’s Attorney General, which publishes such incidents online. LPL reported its data breach ...

A Chicago-based investment advisory firm and its CEO are facing federal charges for allegedly extracting millions in unauthorized fees from hundreds of client accounts belonging to Filipino clients ...

Advisors adhering to the fiduciary standard typically gravitate toward index funds or other passive strategies such as those developed by Dimensional Fund Advisors, Vanguard and others. There's a good ...

Median client accounts at registered investment advisory firms that provide financial planning services grew last year at a slower rate than the S&P 500, according to a new study. The rankings below, ...