Sean Allocca

The wealth management platform of the future can manage client finances without having to interact with advisors, says Wealthfront CEO Andy Rachleff.

Some of the proceeds went to commission a song with the lyrics: “Pop champagne in L.A., New York to Florida; buy another bottle just to spray it all over ya,” says the SEC.

The client, who was the co-founder of the HSN, suffered from dementia and was declared legally incompetent, according to a FINRA letter of acceptance, waiver and consent.

The move is an early indication of how firms may react to the demise of the Labor Department regulation.

The regulator obtained an emergency asset freeze against the advisor.

Other states are likely to enter similar agreements with the broker-dealer.

Cory Redding couldn't retire after the 2014 season and played another year to recoup some of his losses.

One of the arbitrators on the three-member panel should have been disqualified, according to the petition.

Robert Dekas claimed the firm breached its fiduciary duty by executing trades in unsuitable investments, says the regulator.

As firms position their advisors to compete for future clients, diverging strategies have developed.

The advisory firm left Securities America to make the move.

“It’s incredibly important to have diversity. Period,” says Kara Murphy.

The fraudulent investments advertised guaranteed returns of up to 8% annually, the regulator says.

Howard Price III used the funds to make purchases at clubs, bars and restaurants, say regulators.

Growing up in a house full of doctors, Mihir Patel was expected to follow in his family’s footsteps. He didn’t.

Fulvio Urbinati’s book of business includes clients in Chile and Peru, the U.S. and France.

The regional broker-dealer posted record revenue for the eighth year in a row.

The ability for consumers to access and share data in one place could transform financial advice.

Investment advisors and broker dealers have different “relationship models” with clients, the chairman says.

How technology could continue to disrupt financial planning.