Independent advisors

Representatives of the industry argue the changes would fall particularly hard on planners who are authorized to make trades on behalf of clients.

The financial services firm continues to go before FINRA arbitration panels to defend itself against claims over ex-broker's actions.

The firm and an advisor kept clients in leveraged funds for extended periods, even though they were often meant to be held for a single day.

But the firms continue to close faster than new ones open, suggesting consolidation remains an industry trend.

Lawyers for the popular brokerage service argue that federal regulators have resisted the use of a single conduct standard to preserve investor choice.

Tapping a relationship that was around 15 years strong, Sanctuary won a legacy Merrill Lynch team in the competitive market for independent advisors. Here's how it happened, Sanctuary president Vince Fertitta told FP.

The banking giant's asset and wealth management arm boasts more than $4.3 trillion of client assets.

The support firm for RIAs sees opportunities to position itself between buyers and sellers of firms.

Investors who fled equities during last year's rout have not benefited from subsequent recovery.

In a new risk alert, the Wall Street regulator warns about lapses with cybersecurity, email and third-party vendors.

New portfolios from BlackRock, Fidelity, T. Rowe Price and Clark Capital underscore the Chicago-based firm's ambitions with independent advisors.

Many advisors have clients who took out the forgivable loans. Some wealth management firms did the same. Three years after the government doled out more than $800 billion in mostly-free cash, here's what's happening.

The regulator's latest staff bulletin also calls on planners at hybrid firms to always be clear about if they're wearing their broker or advisor hat.

In letters to the FTC, financial planners contend that noncompetition and nonsolicitation provisions can leave them 'handcuffed' to bad firms.

The sale of $15 billion Grove Point Financial comes as smaller broker-dealers confront market headwinds.

Investor advocates argue that Massachusetts was within its right to hold broker-dealers to a higher standard.

Researchers find that performance expectations are highest among people who invest in environmental, social and governance causes for moral reasons.

The revisions come two weeks after the broker-dealer regulator made changes to a rule to loosen in-house inspection requirements for residential offices.

In setting up a breakaway firm, a group of advisors tried not to step over lines when recruiting colleagues and clients. But a lawsuit argues they still went too far.

The line between independent firms and wirehouses is beginning to blur, causing advisors to rethink their options, writes recruiter Louis Diamond.