Aarti N. Maharaj

According to a recent survey released by Limra, life insurance has become a luxury that most can't afford.

UBS hired Jerry Pascucci as head of alternative investments.

The Securities and Exchange Commission announced Monday that Christopher R. Conte is set to step down from his post next month after 18 years at the regulator.

The company appointed Subha V. Barry as its new chief diversity officer.

The SEC announced Monday the appointment of John Ramsay as the new deputy director in the division of Trading and Markets.

JPMorgan Chase & Co. has recently recruited Michael O’ Brien, a former BlackRock executive to head the company’s institutional sales globally

The Royal Bank of Canada’s wealth unit in the U.S increases its net income by 10%.

Cetera Financial Group has appointed Mark Palmer as national sales manager.

The securities industry regulator fined a Zions Bancorp unit $225,000 for failing to disclose a potential conflict of interest in online auctions for certificates of deposit.

Merrill Lynch Wealth Management recently hired L. Scott Horrall from UBS Wealth Management.

UBS Wealth Management Americas announced on Tuesday that it has recently recruited two, million-dollar teams from Morgan Stanley Smith Barney and Merrill Lynch.

The company hired eight advisors and two branch managers from Morgan Stanley Smith Barney.

The New York-based company has hired a million dollar Wells Fargo team of advisors.

As part of an ongoing spate of new hires over the past few months, Bank of America's U.S. Trust unit added eight wealth management executives to its team on Friday.

A Morgan Stanley spokesperson confirmed that Art Martin, his son, Wade Martin, and John Rizzo joined the brokerage’s Lawrenceville, N.J office.

Ellyn McColgan former president and chief operating officer of the Global Wealth Management Group at Morgan Stanley has been recruited to serve on the board of directors at Primerica

The regulator sanctioned the banking company for unethical CMO sales practices.

Christian Widen has been named senior vice president of RBC Advisor Services

Bank of America Merrill Lynch is set to pay $2.5 million in restitution and fines after failing to provide discounts to customers on a certain type of redeemable security, the brokerage industry's primary regulator said on Wednesday.

Independent member firms of FINRA have landed seats on the regulator’s board.