(Bloomberg) — Goldman Sachs Group Inc . boosted David Solomon's compensation by 24% to $31 million for a year when revenue fell at the Wall Street giant. The board raised the chief executive's pay as profit fell 24% and the firm spent much of the year plugging internal fissures and nudging investors on a streamlined…

Prospera Financial Services picked up four advisers and $650 million in assets in California's San Bernardino Valley, and Berger Financial Group hit $2 billion and established a presence in Illinois with its 18th acquisition. In Annapolis, a $625 million firm spun off a four-person team to create Curio Wealth. Steward Partners also announced it was…

TIAA-CREF Individual and Institutional Services (TC Services) will pay more than $2.2 million to settle SEC charges that it violated the Best Interest Rule when it recommended that clients open a retirement account TIAA Individual. Within the IRA, clients can invest in both a pre-selected “core menu” of related investments and a wider selection of…

College students already have a lot on their plate, including the need to study to get good grades, participate in any number of campus activities, and potentially work part-time to make some money. That said, college students should also focus on their financial future, including steps they can take to build credit before entering the…

Advisors Thomas Boyd and James Richard have left Snowden Lane Partners to start their own registered investment advisor, Coral Reef Advisors, in Ponte Vedra Beach, Fla., according to public filings. The pair established the first Snowden Lane location in Chicago when they joined the employee partnership model at the end of 2019 from JP Morgan,…