Industry

Margaret Towle was most recently a partner and managing director with HighTower Advisors. She's also editor-in-chief of The Journal of Investment Consulting.

Board quietly hires former SEC official; critics call for CEO Keller's departure as well.

Advisor, beware: Funds that use complex, hedge style methods may not be appropriate for client retirement accounts.

A complaint that Schorsch instructed ARCP executives to shift numbers in the company’s second-quarter results to cover up errors from the first quarter is part of a defamation suit against ARCP, Schorsch and former ARCP Chief Executive David Kay, according to The Wall Street Journal.

An attorney for Jorge Posada and Jose Contreras says ballplayers were "victims of fraud, taken advantage of at every turn."

The industry saw Bill Gross attracting $769 million to Janus, the global ETP market breaking an asset record, a prediction on how much of 401(k) contributions that target-date funds will capture by the end of the decade and a J.P. Morgan executive joining Wilton, Conn.,-based Commonfund as CEO.

Regulators penalized both the independent and employee channels of Wells Fargo for failing to properly screen over 200,000 customer accounts.

High-performing firms are almost twice as likely to effectively describe target client profiles to clients and centers of influence.

Raymond James' independent broker dealer lured away two advisors producing $1.85 million from Morgan Stanley.

Wells Fargo Advisors is increasing several advisor bonus awards, while its core payout grid will remain unchanged next year.