Practice

Michael Armstrong, who has been serving as Global Head of Wealth Management at Jefferies, will take over as CEO of RBC's wealth management business.

The traditional grid that delivered handsome payouts for advisers will likely go away for all but the top performers.

The debate has spread far beyond planners and regulators, suggesting to some that public consciousness, and widespread change, might be on the rise.

ETFs routinely purge portfolios of holdings with large unrealized gains, while mutual funds seldom utilize this powerful tool.

Family members differ dramatically when it comes to wealth planning, according to a recent Merrill Lynch study. Here's how advisers can start a dialogue with relatives that answers their wealth planning needs.

“Racial bias does exist. Anybody who says it doesn’t is kidding themselves,” says Tony Barrett, a complex manager for Raymond James.

Why certain clients should allocate more, or less, to their emergency funds in preparation for retirement; plus, how Americans blew $1.7 trillion in retirement savings.

A broker discovers that FINRA has changed the comment period from 15 days to three, a leading compliance expert says.

Financial planners moving to new jobs are jumping less hurdles and increasing AUM, a new study says.

Best interest contracts don't allow conflicts of interest, but don't ban all conflicted compensation. The DoL may be giving the industry enough rope to hang itself.