The SEC has fined Wealthfront Advisors $250,000 and Hedgeable $80,000 after alleging that the two robo-advisers made misleading statements. So reports Reuters. Read more...

The American Institute of CPAs has just created its own Personal Financial Planning Certificates Program, which includes five certificates that are specific to the main areas of personal financial planning. So reports Accounting Today. Read more...

David J. La Placa and a handful of other team members that collectively manage $3 billion in assets have left the San Francisco office of Deutsche Bank to start their own firm. So reports Bloomberg. Read more...