Practice

Allison Felix was promoted after 17 years at the firm, part of a transitional process to eventually become CEO.

Rising stock markets have encouraged individual investors to add to their holdings.

The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million, according to a report in The Wall Street Journal.

In some cases, amassing a large IRA can have unforeseen negative consequences, including higher Medicare costs. Here’s how Roth conversions and other strategies can help.

Terminating an advisor/client relationship isn’t solely at the discretion of the client.

Acorns co-founder Jeffrey Cruttenden says clients would vote, if they realized they had the rights.

Clients who intend to leave a legacy to their loved ones should consider using a Roth IRA.

The broker-dealer failed to supervise Infinex registered reps selling annuities and other products to seniors and other investors at local banks.

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

These mega brokers managed $18 billion in assets at their previous firms.