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“We’re not maniacally focused on how many advisors we have affiliated with the firm,” says Scott Curtis, president of Raymond James Financial Services.

Commentary: The U.K. is debating putting a 0.75 percent cap on total fees, including an outright ban on any plans that charge more than that.

Detroit’s offer to replace a $3.5 billion unfunded pension liability with a $2 billion note “was not a serious proposal,” according to a Greenhill & Co. adviser hired by a city employee retirement fund.

A former JPMorgan Chase banker who managed Bernard Madoff’s account said the con man was on track to receive a $200 million loan less than a month before his arrest if the request hadn’t been dropped.

Janet Yellen, vice chair of the Federal Reserve Board and President Obama's pick to run the central bank, will appear before the Senate Banking Committee on Nov. 14.

Many bankers are rethinking their fee structures and the range of services they provide. The trick is to avoid overly punitive fees while offering services that offer value to customers.

State securities regulators have been ramping up examinations of investment advisors in the aftermath of the Dodd-Frank Act, which required more than 2,000 midsized advisors who had been overseen by the feds to register with state authorities.

Mary Mack, Wells Fargo's new brokerage chief, plans to put more retail clients into managed accounts as the largest U.S. firms nudge advisers away from picking individual stocks.

Newly formed Orgel Wealth Management, with $4 billion in assets under management, is redefining the process of going independent.

Our IRA expert answers questions on recharacterizations, the withdrawal penalty and the 5-year rule.