Industry

Advisors face a shifting landscape on both competitive and economic fronts. Many argue that it's time to scrap the AUM fee altogether.

Young HNW investors are very comfortable with digital wealth management tools, and many don't even have (or seem to need) an advisor.

Ronald O’Hanley, who stepped down last year as head of Fidelity Investment’s asset management business, is set to run State Street Corp.’s $2.45 trillion investment arm.

Nearly half of Americans are saving no more than 5% of their incomes, while 18% are saving nothing at all, according to a new report.

Raymond James added a Wells Fargo advisor who managed $175 million in client assets.

The advisor, now barred from FINRA, allegedly violated his firm's policies and FINRA rules when he borrowed money to build a oceanfront vacation rental.

The pace of RIA dealmaking has leveled off over the last few years, with no increase in the number of deals over the previous year and aggregate AUM acquired ticking up only slightly to $47.4B from $43.7B, according to new data from Schwab Advisor Services.

Long, who oversaw 400 advisors at Wedbush, parted ways with the firm earlier this month.

Revenue grew faster than assets for advisors, a PriceMetrix report finds -- but average client age is now nearly 62, and increasing at a rate of roughly 6-7 months per year.

Four advisors joined the firm from rival brokerage D.A. Davidson.