Industry

Labor costs often make up the largest expense for firms. Follow these approaches for an equitable and rewarding structure.

The practice has grown rapidly, but it now faces a major decision about its IBD plans following the announcement of Advisor Group’s acquisition.

The wirehouse has lost at least 123 advisors managing $15.7 billion in client assets year-to-date, according to other firms’ hiring announcements.

The combined amount across the top 10 firms has jumped 37% to $385.3 million over the past three years.

Industry changes and ongoing bank scandals have tilted the playing field in favor of smaller brokerages.

The change is needed to better align the interests of RIAs and the custodians that serve them.

Lessons learned in a combat zone are passed on to clients.

After graduating with a financial planning degree, this advisor-to-be took a detour to Disney World, where the lessons applied more than he’d anticipated.

Older clients have more assets, but younger investors are leading the digital charge.

The No. 1 IBD cleared him of any wrongdoing then said he still faced the probe after leaving the firm months later, according to the lawsuit.