Andrew Welsch

Seeing "great bargains," advisors have been upping client allocations to equities.

Hiring and acquisition misfires can set you back. Here's what RIA leaders say you can do to avoid their mistakes.

Cost controls helped the firm boost revenue.

Raymond James CEO Paul Reilly says firms face higher compliance costs under the rule.

Client assets also rose 3% at the fast-growing firm, which reported quarterly earnings on Wednesday.

Expanded scope for litigation is a cause for concern among wealth management firms, experts say.

The new recruits joined the firm from Morgan Stanley, where they previously generated almost $1 million in annual revenue, according to Raymond James.

The deal also brings $4 billion in client assets under administration and management, according to a spokeswoman.

Edward Jones and Raymond James, among others, are steering clear.

Management blamed falling profits on weak markets and "muted client activity."