Industry

UBS grabbed a former Merrill Lynch advisor who managed $500 million in client assets.

Ben Pace, Deutsche Bank AG’s chief investment officer for wealth management in the Americas, is leaving, according to two people with knowledge of the matter.

The contentious issue of harmonizing fiduciary responsibilities remains high on the agency's to-do list, though a timeframe for when a proposal might materialize is far from certain.

Benjamin F. Edwards snapped up four advisors from Wells Fargo and opened a new office in Pensacola, Fla.

Formerly affiliated with MassMutual Financial Group, Joe Esposito and Keith Kiker will bring more than $150 million in client assets to Commonwealth.

The board offered individual counsel to NAPFA members in violation of board rules, an ongoing conflict without imminent resolution.

When financial planners launch a firm, success hinges on knowing how to run a business.

Two Merrill Lynch veterans who generated about $1.6 million have left the wirehouse for Raymond James & Associates.

UBS is shaking up its wealth management executive ranks, bringing in Paul Hatch as group managing director, in a move that the brass says will better serve advisors and clients.

In cases heard by an SEC administrative law judge or a FINRA hearing panel, a study finds, 46.7% of broker-dealers, advisors and registered reps succeeded in getting charges dismissed or lowering the sanctions imposed.