Jessica Mathews

A team of four women is moving to LPL in pursuit of what they say is a less difficult, lower-fee alternative.

The company is bridging its bank and wirehouse through training programs, compensation plans and technology investments

Robert DuKate initially stayed behind when his partner, David Katz, switched firms. Eight months later, he followed along.

High-yield notes offering 10% to 18% in annual returns turned out far less lucrative than promised.

New features include health care planning tools and cash reserve buckets.

Carla Wigen joins the senior leadership team at the Seattle-based firm, which advises on about $5 billion in assets.

Computer algorithms could increase portfolio returns by whole percentage points.

It’s the first U.S.-domiciled index ETF of ETFs with access to the global investment-grade credit universe, the firm said.

The regional broker-dealer’s head count jumped up to 1,824 in the third quarter.

The firm allegedly encouraged clients to use an affiliated investment advisor, and benefitted from the fees it charged them.

This is the first move of Joseph Chu’s financial career, but it’s not the wirehouse’s first big loss this year.

An advisor kept working with clients, and impersonated others on phone calls with Schwab, the SEC says.

A total of 155 new advisors have joined Ameriprise in the last two quarters, and they keep coming.

Two wirehouse advisors left the Charlotte branch one Friday afternoon, for separate firms.

Just over half of all asset managers either have or are planning a “limited” number of machine learning initiatives.

Robert Graham allegedly solicited clients into risky investments, which he directed to his private company. He is the ex-chief of the Arizona Republican Party.

The liquidations are part of an ongoing process to ensure its products meet their clients' evolving needs, the firm says.

Soon after shuffling C-suite, the independent broker-dealer brings on nine advisors while it continues hunt for a new CFO.

Merrill Lynch’s head count isn’t suffering, but some regional BDs have grown by thousands in the past five years.

The firm’s most recent hires are 2 advisors overseeing more than $550 million in client assets.