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Second-quarter costs increased in almost every category for the asset manager including compensation and distribution.

While the firm's conquest of the money-management business may seem inevitable, it’s a mistake to extrapolate its recent success into the future.

The two advisers bolted in a quarter that saw their ex-firm lose 130 advisers.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

This is the second time Jefferies has poached Miami-based adviser talent from the wirehouse.

The former rep refused to comply with a FINRA investigation into allegations that he exercised influence over an elderly woman.

Depending on business mix, some advisers could see a pay cut.

If a farm machine run by one person replaced nine laborers, why wouldn’t that analogy apply to the business of investment advice and asset gathering?

Despite hiring pullbacks at the larger firms, there's been no shortage of multibillion dollar moves.

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.

The firm's headcount has steadily declined since the bogus account scandal came to light last year.

Its local unit is the first qualified domestic limited partner to be granted a license from the Asset Management Association of China.

With smaller paychecks and longer life expectancies than men, one strategy includes moving their IRA assets into a Roth to reap the tax advantages.

The engine of future growth for the top independent broker-dealers is likely to be fees.

The firm joined BlackRock as a strategic partner of the alternative investment tool aimed at wealthy clients. Plus; other launches.

The app allows users, many of them first-time investors, to get started for as little as $5.

"With 15,000 financial advisors, it's hard to change financial planning software. It's hard to change the day-to-day stuff," adviser Jim Denholm III says.

Artificial intelligence can help wealth managers serve clients better, but some say the technology is too immature to be useful right now.

Data reported by the Investment Company Institute.

Second-quarter revenue climbed 9% year-over-year even as the number of advisers dropped by 6%.