Reuters

Affiliated Managers Group acquires the nation’s third-largest RIA and CEO Sean Healey says the Boston-based firm will be looking to make more deals down the road to bulk up its wealth management business.

A series of victories by Morgan Keegan & Co. is calling into question who can be considered a "customer" in securities arbitration cases.

A series of victories by Morgan Keegan & Co. is calling into question who can be considered a "customer" in securities arbitration cases.

At least 50 advisors who managed nearly $12 billion in client assets at Merrill Lynch have left the "thundering herd" so far this year.

Ongoing efforts by regulators to give the public more details about financial advisors' backgrounds still haven't solved a key problem—getting more investors to use that information.

It's the year's hottest initial public offering, but some wealth managers find themselves having a hard time recommending Facebook to their clients.