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HighTower adds a nearly $1 billion RIA to its growing roster.

Some cryptocurrency investors are receiving a new round of letters from the IRS telling them that their federal tax returns don’t match the information received from virtual currency exchanges, a new front in the agency’s burgeoning scrutiny of the industry.

Investment banks are increasingly studying the relative positioning of funds that compete with each other to beat benchmarks.

The firm added an experienced advisor from Wells Fargo after recruiting 72 other tenured reps in the second quarter.

The insurgents won seats allotted to represent small and large firms.

Angst over the Fed’s decision to lower borrowing costs has seeped into the $3.8 trillion market for municipal bonds.

Plus, the average employee contribution rate reached 8.8% in the second quarter, up a full percentage point from a decade ago.

CEO Jamie Price unveiled a three-part “advisor appreciation program” after Reverence Capital closed on a majority stake of the IBD network.

The Anthony Bunnell addition comes amid expansion of the firm’s its retirement plan business this year.

The sector may be edging into dangerous territory, analysts say.

If approved, the fund would be the first in the U.S. to follow a quantitative approach that allocates across asset classes based on risk.

Clients are advised to consider delaying their Social Security benefits, as up to 85% will be subject to income taxes, an expert says.

The bank's performance puts it behind its largest U.S. competitors this year, signaling frustration in the market over the board’s quiet search.

Each of the three advisors has more than 20 years of experience in the business.

President Adam Antoniades cites record expansion for the year, but the IBD network faces challenges related to recruiting and debt levels.

The underperformance is a rarity for the fund, which has beaten the benchmark for nine of the past 10 years.

Nearly all bested the broader market at roughly a third the price of the average fixed income product.

Advisor Andy Saeger reportedly reached out to two clients via email and a LinkedIn message.

The deal comes amid a flurry of similar digital investment acquisitions made by competing banks.

As much as $18 billion of inflows to money market funds last week were partly driven by the desire to “take some chips off the table,” an expert says.