Practice

Following an investigation by Financial Planning that showed a strong link between money woes and troops taking their own lives, a lawmaker pushes for additional funding to help them get comprehensive financial advice.

Morgan Stanley sued to recover more than $3.6 million it paid to defend a former broker who was imprisoned for his role in a kickback scheme.

By snapping up a series of independent B-Ds in quick succession. the RCS Capital executive chairman has instantly made himself an industry player. He talks to Financial Planning about his plans.

Two former Wells Fargo Advisors who managed $400 million have left to join a firm with Focus Financial Partners, the network of independent financial advisors.

High-speed trading isn’t such a big problem for investors - but the underlying structure of the U.S. financial markets just might be.

HighTower has added a Merrill Lynch team with nearly $300 million in assets to its new network aimed at breakaway independents.

Some assets work best in a tax-advantaged retirement plan while others belong in a taxable account.

Charles Gualano isn't competing against other banks and their advisors; or even some lower fee structure. More often, he’s working against investors' anxieties or misconceptions.

Some assets work best in a tax-advantaged retirement plan while others belong in a taxable account.

Generational wealth transfers can play a large role in the future growth of advisory firms -- but woe to those firms that aren't prepared for it. A few planners share their strategies.