Corporate governance

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.

Those fields are a bright spot in dealmaking amid a slump in other industries. Here's why non-bank loans that drive deals could bring problems in the future.

Putting financial security before relationships and wanting investments that don't harm their altruism are key to young investors.

Christopher Armstrong and Randall Kiefner question an arbitration ruling finding they owe Charles Schwab nearly $3 million.

With so many compliance systems on the market, regulators are likely to look askance at firms that don't embrace them.

The largest independent brokerage will move 2,400 financial advisors from seven brokerages onto its platform during a lengthy conversion stretching into 2025.

Pivoting from "this company will always be mine" to "I need to find a partner who can help me maintain continuity" is a necessary mindset shift for advisors making continuity plans.

The latest group of firms to be dinged for "off-channel" communications shows encrypted messages remain a source of concern for regulators.

The Providence, Rhode Island, company has recruited a head of wealth management advisors and a head of private wealth managers as part of a new strategy to reel in high-net worth clients.

A Republican running for the U.S. House accused the Wall Street powerhouse of violating its own rules by not letting her step aside to conduct a campaign. A FINRA panel agreed.

The nuance around RIA compensation belies an often overheated debate and the ability for planners these days to make their own choices.

Brendan Krebs sees his firm as standing out with its three-pronged structure: a traditional wirehouse, branch-based advisory and an independent channel.

Industry headhunters look for a revival of Merrill's recruiting efforts to stem the slow bleed of talent to industry rivals.

In the quest for predictable growth, it was exciting to see firm leaders at T3 rally around the need for innovation in the front office.