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As retail funds for alternative investments become more widespread, planners must explain their purpose in a portfolio.

The wealth management business generated $111 million in third-quarter revenue, up 35.4% from $82 million last year.

A former Merrill Lynch broker has been ordered to serve 38 months for allegedly bilking clients of almost $2 million.

Citing concerns, FINRA says it may make it harder for advisors to get records cleared.

CEO Jamie Dimon went to Washington almost a month ago to see if U.S. Attorney General Eric Holder would settle a criminal probe of mortgage fraud at the bank if it paid more money to resolve related civil investigations.

J. Michael Evans, a vice chairman who ran emerging markets and was seen as a potential successor to CEO Lloyd C. Blankfein, is retiring after more than 20 years at the bank.

Saying the new cash will be used to fund growth, CEO Joe Duran targets $200 million to $250 million in annual revenue.

In a highly competitive industry, one of the most common questions advisors face is: How do I differentiate myself? Here are twelve steps to help you stand out from the competition.

In seven years, Focus Financial has grown to $65 billion in AUM from $3 billion. CEO Rudy Adolf shares the company’s growth strategy.

Such annuities typically mean “watered-down guarantees” and there’s not a lot of demand for that, a panel of speakers said at LIMRA’s 2013 annual conference on Monday.