The behind-the-scenes blockchain startup Alchemy, which powers 70% of the top applications on Ethereum, is stepping into the public eye as it opens its services to any company or developer looking for tools to build smart contract-based projects.
Accuses advisor who was managing $356 million of breaching his employment contract by soliciting clients and offering at least one of them lower fees.
The bank, which is expected to begin operations in late 2021, will expand Jones’ securities-based lending menu and give it deposit capabilities.
About one of four brokers surveyed still plan to go independent, but the pandemic has delayed their exit schedules and caused them to seek options where they will receive greater support than they had planned.
Charles Schwab Corp. won U.S. antitrust approval to buy rival TD Ameritrade Holding Corp., a $26 billion deal that further consolidates the brokerage industry.
Online brokerage giants say they disclosed additional information about valuation of the $26-billion deal in return for plaintiffs’ agreeing to dismiss eight federal suits.
After absorbing the mass affluent United Capital RIA firm in July, Goldman pushes ahead to custody assets of other RIAs through acquisition of tech-savvy Folio.
Fund and brokerage behemoth accelerates hiring of about 2,000, including licensed advisors, to contend with questions spawned by volatile markets and government extension of tax and IRA contribution filings.
The lawsuit is at least the third filed by a TD Ameritrade shareholder alleging “materially incomplete” disclosures about its pending sale to Charles Schwab Corp.
The record pace of RIA mergers and acquisitions is likely to slow as the pandemic inhibits processes and valuations, bankers say.