Industry

Thanks to video conferencing, RIAs have a much broader array of hiring options to consider.

A South Florida man charged with running a $13.6 million scam involving nonexistent shares in companies including Facebook and Groupon was sentenced to 11 years in prison.

A final handshake on Morgan Stanley’s acquisition of Smith Barney will tie up some lingering loose ends, including a smoother clearing process for client assets, for one of the largest wealth management industry deals in the past decade.

Classes may be coming to an end for millions of students this month but it is just beginning for one BlackRock executive.

T. Rowe Price Group has added former U.S. Senator Olympia Snowe (R-ME) to its board of directors.

Franklin Buys Remaining Stake in Alt Shop

The addition of three sales directors in Miami, West Palm Beach and San Francisco are part of the wealth manager’s long-term campaign to boost its sales force by 50% by 2014.

Morgan Stanley will buy the rest of its wealth-management joint venture with Citigroup Inc. as soon as next week, capping a four-year effort to reshape the investment bank into a more stable firm reliant on the retail- brokerage business.

Now that I'm entering my second week of running my own RIA, it's time to get out there and find clients. While I have prepared many avenues in which to do this, one worked out quite well already.

LPL Financial hired an ex-SEC official as its new general counsel as the firm continues to restructure its management team.