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UBS executives estimate their plan to raise rates on certain accounts will cost the firm $50 million. A new suit cites that as evidence that the firm "violated its obligations to its clients."

The decision hinging on the definition of "inventory" in the sale of a highly valuable position in a U.S. partnership resolved a saga that began 16 years ago.

The active side of passive indices is on display as two of the largest present plans to undercut the weighting of the largest megacap companies.

Now the questions are: how much, and how often.

A record number of Americans expect to be unemployed soon, giving advisors opportunities to help them plan.

Analysts say that firms that are forced to start paying clients higher rates may have to raise their advisory fees and cut costs to make up for the revenue losses.

These firms ramped up their ranks through recruiting and M&A deals at notable rates over the past decade — even as the channel experienced record growth.

Alfred Nobel was the inventor of dynamite and founder of the annual prizes.

However, financial advisors have been trying to ease client fears by taking a longer view.

One of the most successful recruiting firms in recent years, LPL again finds happy hunting grounds at its rival giant in the independent brokerage channel.