Industry

The Swiss firm picked up a team that oversaw approximately $900 million in client assets.

The broker, who had been with the bank for 21 years, went independent with backing from Dynasty Financial Partners.

These firms reported the highest share of accounts topping $100,000.

The wirehouse announces another huge hire weeks after saying it would be cutting back on recruiting.

The broker breached two promissory notes, which had outstanding balances of $544,000 and $345,000, according to a FINRA arbitration ruling.

Advisers may think their firm’s credibility stems from a big number. That’s not to say they should misrepresent their assets under management, Michael Kitces writes.

The two advisers generated $7 million in annual revenue, according to their new employer.

The bank tapped the leader of Wells Fargo Securities to succeed David Carroll.

The challenges of new regulations may actually allow independent firms to grow and thrive—particularly those which embrace these four advice-centric features.

The wirehouse had held back on finalizing some aspects of its fiduciary implementation plan until the rule's fate was clearer.