Industry

Advisors should report their performance in a way that articulates value and proves they are worth the expense, says Dynasty Partners CIO Scott Welch.

The new recruits joined the firm from Morgan Stanley, where they previously generated almost $1 million in annual revenue, according to Raymond James.

Advisors can get a helpful best-practices checklist, which may also help build client relationships, from the Institute for the Fiduciary Standard.

Why can’t your RIA operations be as beautifully integrated as the functions on your mobile?

Advisors from Morgan Stanley and UBS leave to join Merrill.

The deal also brings $4 billion in client assets under administration and management, according to a spokeswoman.

Michael Donnelly was sentenced for defrauding elderly clients of about $2 million, which he used to make car payments, pay his children's private school tuition and other expenses.

The wirehouse team launches HighTower's third practice this year.

Management blamed falling profits on weak markets and "muted client activity."

The wirehouse hires recruits from Credit Suisse and Merrill Lynch.