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With unfounded rumors spreading that Osaic was about to buy its rival Cetera, a Texas-based headhunting firm started calling advisors to see if they wanted to move. Other industry recruiters say that crossed an ethical line.

Doug Simons is a former investment banker who worked at Morgan Stanley, Credit Suisse and UBS as an advisor to U.S. banks and other financial institutions. Most recently, he served as a senior markets and policy fellow at the Consumer Financial Protection Bureau, where he advised the director and his team on issues related to the banking industry. In this role, he also represented the CFPB on FSOC's Systemic Risk Committee.

A federal judge rejects arguments that U.S. Bank has a fiduciary duty toward uninvested cash sitting in clients' brokerage accounts.

Elizabeth (Liz) Reimer serves as the chief human resources officer at Premise Health, where she leads the company's overall human resources strategy. She manages major initiatives across talent recruitment, leadership development, HR technologies, data analytics, employee engagement, employee relations, HR business partnerships, and comprehensive rewards packages—including pay, benefits, and wellness programs.

A new McKinsey report on the future of wealth management identifies a disturbing trend: Younger investors are losing trust in advisors.

None of the findings in a new working academic paper will likely surprise financial advisors. But they could provide some helpful data for conversations with investors.

UBS Americas reported $14 billion in net new asset outflows in Q4, marking its worst period since the firm announced major compensation changes in November 2024.

Reza Rooholamini serves as chief science and AI officer at CCC Intelligent Solutions, where he brings deep expertise in artificial intelligence, cloud computing and emerging technologies.

As AI agents move from theory to reality, some advisors are implementing these tools into their technology stacks, but not without human oversight.