Organization Root Tag

A recent report about bad incentives for brokers "did not accurately reflect how we do business and serve our clients," said Jon Weiss, head of wealth and investment management.

Instead of thinking about fiduciary purely as an obligation or regulation, advisors should envision it as something much bigger: a way of life.

Merrill Robertson Jr. had previously been sentenced to 40 years in prison in a separate criminal case.

Data reported by the Investment Company Institute.

The Justice Department disclosed a felony probe the day before the broker’s termination.

Compensation levels rose approximately 7% last year despite mounting industry challenges.

A new survey finds that investors prize full and upfront disclosures about fees and conflicts of interest, but advisors fall short.

Planner Greg Phelps, one of the project volunteers, survived the shooting by sprinting across the concert grounds while bullets slugged into the ground.

The new data will allow retail investors to better compare active and passive funds.

Clients were allegedly steered into investments maximizing revenue for the bank and employees.

The money manager is also offering pension and 401(k) plans that exclude firearms from employee retirement programs.

Investors brought a class-action suit against brokerage alleging a "scheme to churn revenue from essentially dead assets."

The claims come after internal struggles at the chapter left the boardroom “untenable,” the association says.

Many of the trades should have triggered market manipulation concerns because they involved companies that were barely operating but engaging heavily in promotional activity, the SEC says.

Millennials, Gen X, older workers and current retirees should all think about Social Security slightly differently in crafting their retirement plans.

The offering will either directly lend to businesses or invest in the credit of companies facing distress.

David Olson, an advisor of nearly 30 years, worked at Morgan Stanley until his termination in 2016.

Are the recent declines in tech just some high-flying stocks coming back to earth, or a turning point for the sector?

The new hires say they were drawn to the firm’s investment platform, product offerings and investment diversification.

The Advisor Group IBD added three new teams, but state regulators required enhanced oversight of one new recruit.