Industry

Raymond James appointed a new COO for its Private Client Group as well as a replacement North Atlantic regional director.

Financial advisors who use active management may have a lower-cost option when considering actively managed ETFs – but some advisors express doubts on the real value for clients.

SEC examiners frequently cite firms for insufficient disclosures, an SEC official says. Here are some of the most common conflicts that advisors fail to disclose adequately to their clients.

Cybersecurity is an area of growing SEC concern and examiners will increasingly be expecting RIAs of all sizes to have in place more robust policies and procedures to deal with the growing threats to their information systems.

The firm grabbed a team with $2.5 million in production for its independent broker-dealer channel.

Advisors and clients are gravitating toward the RIA model -- a trend that experts expect to continue.

RCS Capital is following through on its promise to launch a research division with the hiring of two non-traded investments analysts.

The commission is committed to moving forward on a uniform fiduciary standard for advisors and broker-dealers and also expects to finalize money market reforms by the end of the year.

LPL Financial says the pace of new advisors affiliating with the firm has slowed from the levels of late 2013 "in part due to disruptive weather."

In particular, the commission is looking for cases when advisors trade on behalf of clients without written disclosure and consent, or fail to process a trade on the most favorable terms for their clients, says an enforcement division co-chief.