Industry

The fiduciary rule proposed by the Labor Department this spring is taking up most of the spotlight.

Two recruits joined the regional brokerage from rivals Merrill Lynch and Wye Financial & Trust.

Independent financial advisors list the advantages they have found tailoring fee structures to their and their clients' liking.

Bad retirement advice forced a woman to take a job earning little more than minimum wage to make ends meet, her lawyer says.

The new digital platform will cost 10 basis points for advisors who have less than $100 million in AUM under custody with Schwab, but advisors who have more under custody won't be charged a fee.

The commission ups its scrutiny of retirement-focused advisors and broker-dealers as elder fraud skyrockets, securities lawyer says.

Brian Ourand, former president of SFX Financial Advisory, stole $670,000 from clients, the SEC alleges; his former CCO and SFX agree to pay fines to the SEC.

The bank's U.S. brokerage unit which focuses on ultrahigh-net-worth clients snags a new branch manager.

The three advisors all joined the super-regional firm from Janney Montgomery Scott.

The concentration of CFAs in Abu Dhabi speaks to the power of an array of sovereign funds in the city charged with investing hundreds of billions of the nation’s oil-generated riches.