News Feed

The American Institute of CPAs has written to some of the top tax lawmakers in Congress asking them to grant relief to taxpayers in appropriate situations when they miss a statutory deadline or make an error in choosing an election.

Raymond James & Associates recruited advisors from Oppenheimer & Co. and Wells Fargo Advisors, each with close to $1 million in revenue.

One of the San Francisco Bay Area’s most prominent independent wealth management firms is selling a majority equity interest.

The claim represents more than half the awards handed out by the regulator against advisors so far this month.

The beginning of the year is a great time to handle many estate planning tasks. Use this to-do list with clients to give their plans a review and update.

Two wirehouse advisors generating $1.3 million in annual revenues joined RBC Wealth Management.

"The prospects for organic growth for RIAs and IBDs have never been greater. We expect to see more lift-out and advisors turning independent activity in 2015," says Liz Nesvold, managing partner of New York-based investment banker Silver Lane.

One of the first new investments from parent company RCS Capital will become available to all nine – and eventually 11 – IBDs by May.

Fed officials have been calling on banks to strengthen their ethical cultures. The message will carry more weight if regulators are willing to turn the spotlight on their own practices.

For vendors in the data security realm serving asset managers, banks and other financial institutions, the Morgan Stanley data breach incident serves as a reminder of the greater roles they now have.