Corporate governance

Having hit most of the big Wall Street firms with hefty fines for misusing WhatsApp and similar services, regulators are now turning their attention to independent advisors.

Led by CEO Jack Ginter, Callan Family Office reached a milestone that he says will enable the firm to invest in technology and ultrahigh net worth advisor recruiting.

The lawyers representing the claimants in a recent FINRA arbitration case say they have scores of clients still seeking to secure pay they contend they're owed after departing for another firm.

The case is the latest to emphasize advisors' obligations to let investors know when they receive money for recommending certain mutual fund products.

The award was the highest pro rata compensation for executives at the bank.

Paul Reilly is scheduled to hand the reins to his chief financial officer Paul Shoukry next year.

Jeff McMillan will be in charge of marshaling the firm's investments in artificial intelligence to drive efficiency.

Industry recruiters still wonder if the regional firm's new recruits bring the experience needed to replace the experienced teams that have been leaving.

A pair of former wealth managers contend they were yelled at and suffered other retribution after raising concerns about sharing clients' information without their knowledge.

Five experts shared insights on why Gen Zers defy stereotypes as the most recent data from the Fed displays their burgeoning net worth.

The Financial Services Institute continues to push for a return to a Trump Administration rule it contends offered clarity in employment questions.

Wealth management is now one of five divisions in the firm's simplified organization.

Less than two years after the firm's launch, it has reached 60 financial advisors and $7 billion in client assets. Here's a look at its expansion strategy.

Barry Sommers comes in for high praise amid his firm's attempts to move beyond the banking scandals of its past.

A lawyer says the industry has been on notice at least since the "Boom Boom Room" scandal of the 1980s that hostile workplaces won't be tolerated.

When it comes to growth, a stalled advisory practice isn't a sign of failure. Pushing your firm to the next stage is a matter of learning to optimize your business.

AlTi Global's massive infusion from Allianz X and Constellation Wealth signals one of many potential paths for new sources of capital into the industry.

The firm's big tech investments and history working with banks attracted Wintrust, the CEO of its wealth division told FP.

The No. 1 independent broker-dealer is paying a pretty penny and delighting Wall Street analysts. Here's a deep look at the larger significance to the industry.

Industry lawyers say the case shows that "half disclosures" of brokers' conflicts of interest won't be enough for regulators.