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The firm will pay restitution and fines to settle allegations that it failed to flag more than 100 client accounts for overconcentration in high-yield bonds.

The firm faces an additional penalty after it didn’t participate in the regulator’s self-reporting initiative.

LPL Financial reeled in the largest haul, but RIA consolidators and other rivals also completed mega-moves in 2021.

Experts discuss the proliferation of chief diversity officers across the industry and what it may mean for future progress in diversity.

The ability to deduct the full value of the stock and avoid capital gains taxes is lesser-known by rich investors and many advisors.

Private Advisor Group received capital from Merchant, while Integrated Partners has recruited nearly a dozen practices this year.

Muni bonds have not been not the quick way to big returns in 2021. But for the right client, they are the perfect addition to a portfolio focused on stability and low risk, advisors say.

The regulator’s frequent reviews display shortcomings in three different areas, according to a new GAO report.

Here's what you missed this week in wealth management.

Advocacy clinics at law schools can help protect vulnerable clients, but only if they're well-funded and widely distributed.