Check out the companies making headlines in extended trading. Redfin — Shares jumped 12%. Redfin announced that funds managed by Apollo Capital and affiliates have agreed to commit as much as $250 million in financing to the real estate brokerage through a loan, according to a filing with the...
A federal automatic retirement savings program would undermine retirement plans offered by businesses to their employees, said critics of new federal legislation. Sens. John Hickenlooper (D-Colo.) and Thom Tillis (R-N.C.) last week introduced the Retirement Savings for America Act, which would establish portable, tax-advantaged retirement accounts sponsored by the federal...
Rudy Adolf, founder and CEO of Focus Financial Partners, will be retiring at the end of the year, the firm announced Monday. Adolf will be succeeded immediately by the chairman of the company’s board, Dan Glaser, who has been appointed interim CEO. Glaser is also an operating partner at...
It wasn’t until Thomas Kopelman left the constraints of a traditional broker-dealer that he was able to unleash the full potential of his social media strategy. His instinct told him early on that the industry’s methods of client acquisition at the time felt wrong. Being told to attend every networking...
Get ready, advisors! Goldman Sachs is stepping back into the RIA space. Not that it ever really left. Following months of gossip about the future of its investment advisor business, Goldman Sachs finally ended all the speculation in august by announcing the sale of its Personal Financial Management unit to Creative...
Women appear to be making some advance in the broad financial advice industry, with an increase in the numbers of women getting the certified financial planning designation last year just one example of that. There are roughly 320,000 working brokers and financial advisors in the United States, and for years...
Travelers wait to check-in at the Alaska Airlines counter at San Francisco International Airport (SFO) in San Francisco, California.David Paul Morris | Bloomberg | Getty ImagesAn Alaska Airlines flight operated by a subsidiary diverted to Portland International Airport in Oregon on Sunday after an off-duty Alaska pilot tried to...