Industry

Janney Montgomery Scott recruited a veteran Merrill Lynch advisor with $1 million in production.

Having a long-term horizon for the sale of a business puts the owner in a better position to optimize tax strategies. It's also an opportunity for advisors angling for the investment business a sale will produce.

United Capital has started providing regular liquidity to advisors with some first stock sales proceeds exceeding $500,000.

The firm continues its recruiting bonanza with the addition of an advisor-team from Morgan Stanley with more than $1.3 million in production.

Morgan Stanley plans to merge its institutional and wealth management municipal desks to provide more efficient trading services

Mark Spangler, who used NAPFA affiliation to attract clients before losing most of their assets, was taken immediately into custody at his sentencing.

RBC Wealth Management is adding new names to its top executive team, announcing a new head of International Wealth-USA.

While the cloud shift and mobile tools continue to dominate, a few newer patterns emerged at this year's T3 conference.

CFP Board makes new push into academia with plans for a center at its headquarters and an academic journal

Securities America and Triad, both divisions of Ladenburg Thalmann, slapped for "failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers."