Industry

The penalty is the largest ever imposed by the Consumer Financial Protection Bureau.

The public has a right to review the board’s documents, husband-and-wife planners Jeffrey and Kimberly Camarda say.

Decision expected in appeal of case brought by advisers the board says called themselves fee-only inappropriately.

Fund providers should consider digital platforms and outsourcing to reach more advisers, according to Nuveen's head of alternative strategies.

Bossen joined as director of ETF business development at the institutional intermediary division and will focus on the IndexIQ unit that MainStay acquired last year.

The wirehouse's three newest recruits are all industry veterans.

Peter Danilaitis worked at Home Depot almost a dozen years ago. Building on that experience, he's become one of the top leaders in wealth management.

"The key to success in this deal was finding the right partner," says Haig Ariyan, president of the firm's new Alex. Brown division.

These trends are expected to be at the top of RIA agendas next year, says Fidelity's David Canter.

These independent broker-dealers generated the most revenue from commission-based accounts.