Industry

Aberdeen Asset Management PLC wrapped up its acquisition of Artio Global Investors, a U.S. publicly-listed asset manager, effective May 21.

The damage from Massachusetts’ latest action against sales of non-traded REITS by independent broker-dealers may not be fatal, but it should cause firms to reconsider their sales strategies, say industry observers.

Recruiting and hiring experienced, client-facing advisors with ultra high-net-worth experience is extremely difficult right now, with demand high and supply low.

Boutique and hybrid models are poised for growth as larger firms cede market share, according to a new Cerulli report

Some of financial advisors' biggest preconceptions about switching to the RIA space -- from worries about insufficient AUM to fears about lower earnings and complex technology requirements -- were highlighted in a new report from TD Ameritrade. But the biggest myth, say advisors, is one that didn't even make the list.

Building your own business, even with a team of experts behind you, requires making tough decisions regarding resources, clients and employees. But most of all it requires leadership. Dynasty's CEO Shirl Penney offers a few lessons his firm has learned as it continue to build a business.

After LPL Financial agrees to pay FINRA case, compliance expert says there’s ‘no legitimate excuse’ for email missteps.

Pioneer Investments has named Jonathan Chirunga as a portfolio manager on two Pioneer open-end municipal bond funds: Pioneer High Income Municipal Fund and Pioneer AMT-Free Municipal Fund.

RBC Wealth Management picked up a former Morgan Stanley broker with $65 million in assets.

VTL Associates, an independent investment advisory and consulting firm based in Philadelphia, has received an infusion of capital from Chinese venture capital firm, Suzhou Industrial Park Kaida Venture Capital.