Practice

The new hires from Merrill Lynch and JPMorgan are welcome news for the embattled bank’s wealth management division.

The regulator moved to eliminate a $400 fee for “explained decisions.”

Instead of harmonizing standards of client care across the industry, it may be better to re-differentiate them in light of the fiduciary rule's recent court loss.

In a rapid-fire interview with Financial Planning, Moore paints a bright picture of the job market for young financial advisors and takes aim at the most "absurd" practice advisors still undertake with clients.

The securities-backed lending platform provides liquidity to borrowers and transparency to advisors, the investment banking giant says.

Steven A. Cohen’s firm says a female executive is required by her employment contract to confidentially arbitrate her dispute with the asset manager.

Fortune 500 companies disappear because they don't plan properly for the future. Don't think it can't happen to your firm.

The 1,778-advisor firm constitutes the largest privately held IBD, underscoring the growing appeal of boutique-like models.

Compliance experts stress the importance of working out a game plan for how to handle an exam before the feds come knocking.

Berkery will be succeeded by Michael Blum as the chairman of UBS Bank USA. A Merrill Lynch alum, Berkery was part of the turnaround team at UBS' wealth management unit, and during her tenure, the lending book at its bank more than doubled in size.