Industry

Bank of America Merrill Lynch has enticed a former BlackRock managing director out of retirement to head its affluent segment and strategy.

Dedicating enough time and conducting the proper amount of due diligence is the best way to ensure where you're going is a better fit than where you've been.

A UBS advisor team managing $430 million in assets has left the wirehouse to join regional broker-dealer First Kentucky Securities.

Lebenthal & Co. said it will exit the municipal public finance underwriting and institutional sales business and shift those resources to its wealth management division.

Who are the financial planning industry's largest broker-dealers? Financial Planning has unveiled its annual list, so take a look to see where your firm ranks.

FINRA fined Merrill Lynch $8 million and ordered the firm to repay $24.4 million to retirement accounts and charities for allegedly overcharging for mutual fund fees.

A former UBS Advisor with more than $130 million in assets and $1.2 million in annual production made a move to RBC Wealth Management-U.S.

Mike Quimby will lead a team of more than 30 financial advisors and will help drive growth across the bank’s central region markets in six states.

The SEC’s enforcement division has tightened oversight of advisors by focusing on some specific, often-times arcane practice areas.

UBS, Switzerland's biggest bank, leapfrogged Morgan Stanley and Bank of America to become the world's largest wealth manager by client assets, according to a ranking compiled by PAM Insight SA.