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For clients, is one type of firm, business model or fee structure better than another?

OnWallStreet's annual ranking of the wealth management industry's top wirehouses and regional broker-dealers shows continued growth at these firms but they still face challenges growing their business. See which firms ranked highest and how the industry's leaders plan to stay on top.

OnWallStreet's annual ranking of top wirehouses and regional broker-dealer firms in the employee advisory channel gives an encouraging snapshot of the wealth management industry. This year’s analysis from surveys and both corporate and public filings shows growth across the board.

Scott Adams and Heath Burch focus exclusively on families with special-needs children. It started as a small workshop because Adams was going through these same issues, but then it boomed into a practice that draws clients from 49 states and overseas.

BNP Paribas pleaded guilty to charges tied to a U.S. probe of sanctions violations, resolving a wide-ranging state and federal investigation with a penalty of at least $8.8 billion, the largest fine for such a case in history.

Advisors can avoid risks and find success in breaking away to independence, says Shirl Penney, founder of Dynasty Financial Partners.

The asset management industry's embrace of digital operations is accelerating. Among the top technologies being adopted by fund companies are mobile apps and iPads/tablets, according to the asset managers surveyed for Money Management Executive's annual technology survey.

Some broker-dealers and some issuers have distorted the truth about the municipal advisor rule, said a former SEC lawyer who worked on the new regulatory regime.

New York is attracting financial technology startup companies and venture capitalists, who like the proximity to large banks. But watch out for London.

Comprehensive financial planning isn't just good for clients. It's also good for business -- and advisors and their firms are paying attention.