Industry

Alternative asset managers are under pressure to broaden their offerings as institutional investors seek to make big allocations to fewer firms.

The 12-advisor practice serves clients in a group often neglected by the industry, its managing directors say.

It took less than six months to hammer out the biggest bank merger in more than a decade, and the price was one of the last things discussed, according to a new federal filing.

Gauging the valuation of your business is a way of knowing the overall health of the firm. It can be a humbling process.

Still, advisors thinking of selling are urged not to procrastinate.

Bleakley Financial has launched its eighth office under its affiliation with LPL and Private Advisor Group.

An example of outdated industry practices, says the chief product officer, is how some brokers still need a canceled check from a client to transfer money.

The RIA divisions of Raymond James and RBC are also among the companies that self-reported.

Fourth-quarter equity losses stanched client assets at wirehouses, indies and other brokerages — but their stocks are regaining ground after reporting earnings.

Aggressive hiring practices at regional broker-dealers aren’t slowing down.