Meritage Q2 2026 earnings telegraph move-up buyer pivot
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Creative Planning, Transamerica Face TDF Class-Action Lawsuit
Creative Planning and Transamerica are co-defendants in an ongoing lawsuit accusing plan fiduciaries for a hospital’s retirement plan of ignoring “their duties of prudence and loyalty.” The class action complaint was originally filed in federal court in Florida (before it was transferred to Maryland last week) by Tamara Goucher, an employee at All Children’s Hospital…
LPL reclaims recruiting crown, sees new assets swell in Q2
LPL Financial returned to recruiting form in the second quarter with a net headcount gain of more than 300 and steep increase in assets from advisors pulled in from elsewhere. Processing Content LPL reported Thursday that it added 331 advisors net through recruiting from April to June, bringing the total to 32,475, while seeing its…
Social Security’s Payroll Tax Rate Could Increase. Here’s Why I’d Rather That Happen Sooner Rather Than Later.
Currently, you pay 6.2% of your income into Social Security each year before that money ever makes it to your bank account. That’s thousands of dollars per year. If you’re self-employed like me, then you pay twice as much — the full 12.4% — since you don’t have an employer to split the burden with…
Why Financial Clients Hesitate and How Advisors Can Help
Nearly half of American adults (47%) say they’ve made a financial decision they later regretted because they didn’t fully understand it (Experian, April 2026). Sit with that number. The regret isn’t due to a lack of knowledge; the problem points to fear. People aren’t avoiding good advice because they don’t get the math. They’re avoiding…
Minutes of the Meeting of the Court of Directors held on 23 April 2026
Present Committee members: David Roberts, ChairAndrew Bailey, GovernorSarah Breeden, Deputy Governor – Financial StabilityClare Lombardelli, Deputy Governor – Monetary PolicySir Dave Ramsden, Deputy Governor – Markets & BankingSam Woods, Deputy Governor – Prudential RegulationJonathan BewesSabine ChalmersLord Jitesh GadhiaDame Anne GloverDiana NobleTom Shropshire In attendance: Sarah John, Chief Operating Officer Secretary: Sebastian Walsh, Secretary of the…
New York puts bank boards on the hook for vendor tech
Key insight: New York named a commercial software product, conceded the flaw probably isn’t at the banks receiving the alert, and made their boards answerable for it anyway. Expert quote: “Playing possum won’t fly if there is a vendor issue brewing that is reasonably likely to impact the covered entity,” said Lisa Sotto, chair of…
