Industry

A former Morgan Stanley executive with 30 years of experience has signed on with Ziegler’s wealth management division as its new senior managing director.

Ameriprise had a busy recruiting month in July, adding four advisors managing over $350 in assets to its franchise channel.

After being forced to produce extensive records, the board hopes a judge will similarly order two planners to produce voluminous documentation.

UBS is considering buying a wealth-management firm in Brazil as it seeks to expand that business sevenfold by 2020, said Sylvia Coutinho, chief executive officer of the lender’s Brazil unit.

The recently-launched Lebenthal Wealth Advisors has brought in its second large advisory practice with the addition of a $600 million team from BNY Mellon.

Without outside help, many planners are falling short on their own financial goals. A few advisors have a solution.

Walk into any wealth management firm, and chances are there won't be any African-American advisors at all. What's causing the diversity gap - and how can the industry fix it?

In an exclusive interview, Tash Elwyn, president of Raymond James & Associates, explains why the firm is enjoying recruiting success and where its future growth will come from.

After working in a nuclear power station, David Fisher decided it was time for a change. His new calling? Financial advisor.

The SEC charged an ex-UBS broker with defrauding elderly clients of $730,000, which she allegedly used for vacations, a country club membership, vehicles and clothes.