Industry

RBC Wealth Management is adding new names to its top executive team, announcing a new head of International Wealth-USA.

While the cloud shift and mobile tools continue to dominate, a few newer patterns emerged at this year's T3 conference.

CFP Board makes new push into academia with plans for a center at its headquarters and an academic journal

Securities America and Triad, both divisions of Ladenburg Thalmann, slapped for "failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers."

Raymond James has done it again. The firm has stolen away a Merrill Lynch advisor-team with $200 million in assets under management, marking its sixth major recruitment win in the past two weeks.

Family office execs report a rise in direct investments and so-called club deals as hedge funds fall out of favor. ''Families want to be in control," says one consultant.

Compliance experts are recommending that firms take a flexible, risk-based approach as they respond to the SEC's red flag rules, a new set of regulations for protecting clients against identity theft.

Advisors will be expected to keep records about the content they post on social sites just as they do with other materials on traditional channels, according to a senior commission attorney.

The bank's Private Client Reserve unit hired new wealth management professionals in Washington State, Denver, Kansas City and Naples, Fla.

The once fast-growing firm leaves LPL after a year and a half, hoping NFP's deep pockets will help it attract other advisors.