Industry

The report gathered data from 750 high net worth investors and 200 financial advisors.

Adjustments to the organization’s sanction guidelines and procedural rules are the latest step in its ongoing enforcement overhaul.

CEO Jim Cracchiolo acknowledged that the firm attracted fewer experienced reps in the second quarter, even as its headcount ticked up by 2%.

The study, conducted between January and March 2021, contains self-reported data from firms that custody their assets with Schwab Advisor Services or TD Ameritrade.

In a session at the industry trade group’s conference, planner Lazetta Rainey Braxton connected racial and financial literacy.

The firm made several other changes to its executive leadership, including a new chief marketing officer.

The number of registered investment advisors in the Sunshine State is up 27% over the last 5 years.

A roundup of this week's news includes advisors on the move, new hires

Clients depend on us to know not just how to handle their investments, but why they are investing in the first place.

Philadelphia-based Janney Montgomery Scott added three teams from Wells Fargo and Merrill Lynch across two states managing $1.4 billion in client assets.