Corporate governance

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.

The emergency rules for brokers operating out of home offices since the pandemic will expire at the end of June.

Jim Esposito was critical of the firm's eventually abandoned push into retail banking.

The chief executive's pay package comes after a year of high profits and strong stock performance.

The shuffling comes halfway through the longtime CEO's five-year retention package.

The firm credits its ability to recruit highly productive advisory teams for its strong fourth-quarter balance sheet.

Recruiters say the moves show how wirehouses will continue to fight an uphill battle as they struggle to keep experienced teams from moving on in the coming year.

The GameStop saga is long over, but the retail investors who drove it could turn into long-term clients if wealth management firms adapt to changing times.

Industry recruiters see the changes as intended to make client assets and advisory teams "stickier" and to retain executive talent.

The banking giant's plans are an outlier in an industry that has been shedding jobs.

With few new advisors coming into the industry but total U.S. assets growing rapidly, Morgan Stanley, Wells Fargo, Merrill and others are having to up their compensation game and distinguish themselves in other ways if they want to capture a larger share of the wealth pie.