Industry

With nearly $400 million in assets, the trio will bring their new firm's assets to roughly $1.3 billion.

The newly named exec is responsible for relationship management and business development for personal trust, investment management, and private banking in the New York area, Northern New Jersey and Boston.

FINRA is moving to toughen reporting requirements for BrokerCheck, following revelations that hundreds of registered advisors have failed to publicly disclose personal bankruptcies, criminal charges and other potentially damaging information.

In a court filing, the CFP Board says it has logged more than 2,000 hours of legal work in a lawsuit by two Florida planners.

Revenue growth combined with high expenses and a challenging recruiting environment; CFO calls advisor pipeline 'solid' despite defection of 40 bank advisors.

Revenue climbs and assets grow, but net income slips at the country's biggest independent broker-dealer.

Raymond James Financial reported that net income was up 33%, boosted by record private client group revenue.

Independent planners can not win a battle against Wall Street unless they find a way to defeat well-funded lobbyists in the industry.

Bank of America's Lisa Carnoy, one of Wall Street's highest-ranking women, is moving from head of the global capital-markets division to an executive role in the U.S. Trust wealth-management unit.

'Mariner is a well-organized and well capitalized growth company,' says John Furey, principal of Advisor Growth Strategies. 'The pace of growth is best in class and I expect it to continue.'