Industry

Raymond James is going after more top advisors -- and it's changing its payout structure to do so.

Two brand name firms are extending their exchange-traded fund distribution venture. Fidelity Investments and BlackRock has teamed again up to bring iShares ETFs to Fidelity's army of investors.

Morgan Stanley, owner of the world’s biggest brokerage, will buy the remaining 35 percent of its wealth-management venture with Citigroup Inc. after winning Federal Reserve approval in the regulator’s annual stress test.

Other advisory services executives may be targeting advisor growth -- but Raymond James Financial Services president Scott Curtis thinks differently about expansion.

Total stock and bond mutual fund and ETF assets distributed by independent/regional broker-dealers and registered investment advisors grew at more than twice the rate compared to the wirehouse channel during 2012, according to newly released data from Access Data.

When small business owners become successful, they become a magnet for questionable deals and speculative investments.

Nationwide Funds Group, the mutual fund business of Nationwide Financial, has added five new wholesalers to its sales team.

Founded in 2009 aiming to serve women with online budgeting tools and financial advice, LearnVest morphed into a mass-market RIA firm last year and now has its eye on growth.

As baby boomers’ demands change, the industry needs to take a more holistic approach, according to the president of the Ameriprise Personal Advisors Group.

Legg Mason's officially got itself a hedge fund.