Industry

The acquisition enables Zurich-based GAM to introduce a computer-driven trading system focused on long-only and alternative strategies, the fund manager says.

Social media is included in regulatory requirements.

The proposed rule would require firms to have blueprints in place for natural disasters, cyber disruptions and transitioning clients if a practice winds down.

The new recruit is joining Corient Capital, an independent firm founded a year ago by ex-Merrill Lynch advisers.

The firm bought the unit, which has over 600 advisers, as part of a $150 million acquisition deal to boost its overall broker ranks.

It’s time for professional planners, as opposed to sales agents, to define themselves accurately in the public mind. To do it, you need to use key words and phrases with crystal clarity.

Banks are lining up behind Capital One to launch robo platforms even as they gird for an initial hit to their brokerage business.

LPL touts its size and scale as a plus to attract advisors, but the company's heft can also work against it, consultants say.

Now is the time to prepare your clients to toughen up (and yourself, too).

Meanwhile, the SEC hints that more actions could follow the $425 million in penalties levied against the brokerage firm.