Industry

A wealth manager, who once had a $5 billion book and was terminated for "inappropriate workplace behavior," found a new home.

Travails of parent company RCS Capital have been "distracting" but haven't impeded expansion, says Douglas King, Cetera Advisor Networks' president and CEO.

Bennett and her firm claimed to be managing more than $2 billion in assets when the real number was no more than one-fifth of that amount, the SEC alleges.

OppenheimerFunds agreed to acquire VTL Associates as part of a push into ETFs that weigh metrics beyond market capitalization when buying stocks.

New recruits joined the UHNW-focused business in recent weeks.

New advisor will focus on ultrahigh-net-worth clients mostly in the Miami area.

The independent Fidelity division can never be the same without its founder, but could still grow into a juggernaut, some planners say.

The move represents one of the largest recruiting grabs in recent years, recruiters say.

The new recruit will work as a managing director and senior relationship manager in Latin America, reporting to the region's head of wealth management.

Three advisors left the wirehouse to found an independent firm with help from Dynasty Financial Partners.