Organization Root Tag

Midsize wealth manager Kovack Securities and its CEO settled two matters last month dating to his time as a member of FINRA's Board of Governors.

As part of a long-term industry shift, firms like Ameriprise, Commonwealth and Northwestern Mutual get most of their business from advisory fees.

IFS Securities once had about 150 financial advisors and 20,000 clients. Now it's seeking millions it owes third-party firms three years after it shut down.

Despite the slow pace of change on the representation of women, there are some standout independent wealth managers and some signs of progress.

A tax receivable agreement, popular in public offerings but controversial in some eyes, would regularly send extra money to insiders.

An innovative hybrid firm's new brokerage displays how the industry is placing advisory business at the center of its well-financed plans for the future.

The firm isn't "shelving" its offering – it's waiting for Wall Street to emerge from the worst IPO landscape since 2009.

The influential organization of fee-only planners is seeking to boost its membership further and take a lead role in the fiduciary debate.

These are the largest firms with financial advisors who work with broker-dealers but aren't their employees.

The firm terminated the longtime financial advisor. But experts say that isn't always a best practice, and many female professionals continue to report abuses.

The word 'broker' carries negative connotations. But to many wealth management professionals, commission-based shops are valuable to a transforming industry.

There were signs of improvement in terms of audit engagements and quality control systems.

Alpine Securities has added to its long docket of run-ins with regulators over the last several years, alleging the SEC is piling on.

Commissioner Rettig is promising not to use the nearly $80 billion his agency will be receiving to increase audits of small businesses or taxpayers who earn less than $400,000.

Given that the bank's asset management arm oversees $1.4 trillion, Morgan Stanley's moves is expected to make a splash.

Members of the influential fee-only planners group paid tribute to the growth and professionalism during their outgoing chief's tenure.

A retirement plan and wealth practice spanning $1.4 billion displays how independent moves in 2022 are keeping up with or even surpassing those from 2021.

The company's CEO offered a rare perspective on what the industry can learn from it.

The strategy has been portrayed as both an essential investing tool and overhyped approach. The reality is somewhere in between.

The Financial Planning Association has begun a multi-year effort to legally protect financial planners' titles.