Industry

The move does not apply to the giant asset management firm's ETFs, and clients are not required to liquidate existing positions.

Not planning is the biggest risk that advisers can take.

The newcomer from UBS will help oversee a unit that has grown to just over 3,000 advisers.

Three firms have fired the broker, whose former clients have won $494,000 in settlements.

Michael Jeppson generated about $1.8 million in annual revenue, according to his new firm.

Firms can add clients and improve eventual purchase prices by planning for the future.

The platform provider will now offer to buy a percentage of an advisory firm's revenue.

Each of the group's three advisers has more than 20 years of experience in the industry.

JPMorgan Chase’s Seth Bernstein will take over from Peter Kraus as the firm's CEO.

AllianceBernstein, the money manager that oversees about $498 billion, ousted CEO Peter Kraus and more than half of the board in a shake-up.