Practice

State Street said it incorrectly invoiced at least $200 million in asset servicing expenses to clients over a period of 18 years and will compensate customers.

After losing dozens of advisors who managed billions in client assets to UBS, scorned Credit Suisse strikes back with legal challenge.

Many tax extenders are expected to pass in their agreed-upon form in a matter of days.

Only 9% of younger advisors on ownership track have equity stakes in their firms, reveals the Fidelity Benchmarking Study.

A 69-year-old retiree who is in good financial standing overall needs to buy more equities with large cash stake; Plus, clients who want to retire at 55 need to consider health insurance needs before they become eligible for Medicare.

Regulator could make some "immediate" changes; arbitration reform advocate says he's "hopeful."

Looking ahead to 2016, executives are focused on responding to regulatory demands, technological changes and managing market challenges.

As lawmakers broker a compromise to keep the government funded, industry groups vow to continue the fight to delay Department of Labor's controversial advisors rules.

Some advisors have already found ways to harness client information for their practice in a very targeted fashion.

4 great ways to become a standout advisor in 2016 as competition ramps up.