Industry

United Capital has started providing regular liquidity to advisors with some first stock sales proceeds exceeding $500,000.

The firm continues its recruiting bonanza with the addition of an advisor-team from Morgan Stanley with more than $1.3 million in production.

Morgan Stanley plans to merge its institutional and wealth management municipal desks to provide more efficient trading services

Mark Spangler, who used NAPFA affiliation to attract clients before losing most of their assets, was taken immediately into custody at his sentencing.

RBC Wealth Management is adding new names to its top executive team, announcing a new head of International Wealth-USA.

While the cloud shift and mobile tools continue to dominate, a few newer patterns emerged at this year's T3 conference.

CFP Board makes new push into academia with plans for a center at its headquarters and an academic journal

Securities America and Triad, both divisions of Ladenburg Thalmann, slapped for "failing to supervise the use of consolidated reporting systems resulting in statements with inaccurate valuations being sent to customers."

Raymond James has done it again. The firm has stolen away a Merrill Lynch advisor-team with $200 million in assets under management, marking its sixth major recruitment win in the past two weeks.

Family office execs report a rise in direct investments and so-called club deals as hedge funds fall out of favor. ''Families want to be in control," says one consultant.