Industry

A recruit with 16 years of industry experience moves between wirehouses.

The 30-year industry veteran joined from Bank of the West.

The team left J.P. Morgan Securities to form their own independent firm.

A wealth manager, who once had a $5 billion book and was terminated for "inappropriate workplace behavior," found a new home.

Travails of parent company RCS Capital have been "distracting" but haven't impeded expansion, says Douglas King, Cetera Advisor Networks' president and CEO.

Bennett and her firm claimed to be managing more than $2 billion in assets when the real number was no more than one-fifth of that amount, the SEC alleges.

OppenheimerFunds agreed to acquire VTL Associates as part of a push into ETFs that weigh metrics beyond market capitalization when buying stocks.

New recruits joined the UHNW-focused business in recent weeks.

New advisor will focus on ultrahigh-net-worth clients mostly in the Miami area.

The independent Fidelity division can never be the same without its founder, but could still grow into a juggernaut, some planners say.