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At least two clients said they received calls from the advisor where he discussed his departure from the firm, according to the complaint.

Some of the same features that led to their unpopularity may also be what uncorrelated them from their peers, an expert says.

Lightyear Capital sold its majority stake in Wealth Enhancement Group to another wealth management industry entrant.

Because of bank sweeps, veterans and their families' accounts will default to a 26-basis point APY on cash — down from the 1%-2% returns they were getting from money market funds.

The freshly recapitalized firm is offering succession services without any custodial or affiliation requirements.

The certifying body says it will no longer rely on advisors’ reports and it is convening a new task force to modernize enforcement.

Successful firms reveal how they appeal to wealthy prospects — and elite advisors.

There are red flags that may be pointing to elder fraud in a client account.

Under the Labor Department’s final regulation, firms in different industries will be allowed to establish a joint retirement plan provided they operate in the same state or metropolitan area.

The firm has been picking off talent from rivals, primarily wirehouses.