Industry

State securities regulators have been ramping up examinations of investment advisors in the aftermath of the Dodd-Frank Act, which required more than 2,000 midsized advisors who had been overseen by the feds to register with state authorities.

Mary Mack, Wells Fargo's new brokerage chief, plans to put more retail clients into managed accounts as the largest U.S. firms nudge advisers away from picking individual stocks.

Newly formed Orgel Wealth Management, with $4 billion in assets under management, is redefining the process of going independent.

Banyan Partners,the $4.3 billion Palm Beach Gardens, Fla.-based RIA, wants to hit $10 billion in assets in the next three years, establish a national brand and secure significant wallet share in both the high-net-worth and multifamily office markets.

The first U.S. exchange-traded fund tracking China’s domestic stocks will lure investors seeking exposure to a broad range of industries in the biggest emerging economy, according to Societe Generale SA’s private bank.

Genworth Wealth Management, with $20 billion in assets under management, on Wednesday announced a long-anticipated name change.

After spending 13 months conducting “extensive due diligence research on the top 50 independent broker-dealers,” Householder Group decided that LPL, the nation’s largest independent broker-dealer, was best suited to support the firm’s “next chapter of growth.”

The company has a new deal with a Texas firm targeting ultrahigh-net-worth clients.

One planner says the strategy helps him connect with younger generations, avoid portfolio liabilities and improve transparency. Here are his suggestions.

Mitsubishi UFJ Financial Group’s securities joint venture with Morgan Stanley will take a majority stake in the Japanese bank’s wealth-management business, deepening ties between the two firms.