Andrew Welsch

Advocates for a new, stricter standard say momentum is on their side, while opponents argue that the rule-making process is too hasty.

The much-anticipated DoL proposal extends a fiduciary standard to thousands of brokers and advisors providing investment advice on retirement accounts without barring certain types of compensation. But details on enforcement are still forthcoming.

The wirehouse reported that wealth management first quarter profits soared 18% year-over-year.

The wirehouse recruited three advisors from rivals Merrill Lynch and UBS.

A Charles Schwab advisor left the firm where he managed about $350 million in client assets, according to a firm spokesman.

The fast evolution of technology has many industry leaders trying to figure out whether robo advisors are a threat, a tool or something else entirely.

Stifel's CEO says his firm is enlarging its footprint in the independent space because clients are migrating there.

Wells Fargo's Mary Mack says advisors should embrace technology as the online retailer and companies like Apple and Uber have changed client expectations.

As older clients start drawing down their wealth, the industry needs younger investors to ensure its future, says Janney Montgomery Scott CEO Timothy Scheve.

The firm recruited three advisors to its employee and independent channels from rivals Edward Jones, Wells Fargo and MetLife Securities.

A father-and-son team from Janney Montgomery Scott joined the wirehouse.

Our latest tracking data shows that advisors are allocating more to global equities due to changes in the European Central Banks's monetary policy and more favorable valuations compared to equities at home.

The wirehouse landed five recruits from Stifel, Morgan Stanley and RBC.

Raymond James added a Wells Fargo advisor who managed $175 million in client assets.

The advisor, now barred from FINRA, allegedly violated his firm's policies and FINRA rules when he borrowed money to build a oceanfront vacation rental.

Long, who oversaw 400 advisors at Wedbush, parted ways with the firm earlier this month.

Four advisors joined the firm from rival brokerage D.A. Davidson.

An arbitration panel confirmed that a former advisor will pay back a promissory note to Morgan Stanley - almost 10 years after leaving the firm.

The now-barred advisor stole client funds, and later pleaded guilty to wire fraud in a separate case in which he was accused of defrauding the producers of a Broadway musical.

Launching another volley in the fight over a national fiduciary standard, an investor advocate group argues that brokerage firms are misleading investors.