Organization Root Tag

Nearly half of U.S. clients would switch to tech giants for advisory services, according to a new study.

Which banks are advisers moving to? 15 recently jumped to BNY Mellon, U.S. Bank and M&T Bank from myriad financial institutions.

FINRA accused the rep of "structuring" transactions by making cash deposits into her personal savings account in amounts under the currency transaction reporting threshold of $10,000.

The changes are the first under David Kowach, who became president of the wirehouse's traditional employee broker-dealer late last year.

The fund manager reported $277 billion in new money to its U.S. mutual funds and ETFs last year, while Fidelity and Franklin reported some of the largest outflows.

Scott Fleming, the former head of the firm's Rocky Mountain region, now oversees nearly 150 sales professionals across the U.S.

An internal memo informs the firm's 15,000 advisers about the move, which builds on management changes made earlier this year.

The RIA aggregator added its 43rd partner.

Envestnet CEO Jud Bergman says experts plus machines deliver better outcomes than experts or machines alone.

Though some say the rule's future is in doubt, the firm is going ahead with sweeping changes it hopes will make its advisers more competitive.

From fiduciary to robos to marketing: A close look at advisers’ top concerns and how their budgets have changed year-over-year, from TD Ameritrade’s annual survey.

Recent announcements from the bank open an opportunity for CEO Timothy Sloan to take a public leadership position on the issue of financial industry compensation.

The advisor paid $50,000 to a widow's lawyer to refer her $100 million account to him – a fact he failed to disclose to the client, the agency claims.

Plus: A Morgan Stanley grab totals $410 milllion in combined AUM and more than 30 other job changes.

Shannon Pike will concentrate on bridging adviser communities.

The wirehouse alleges two arbitrators failed to disclose key information about their professional and personal histories.

The regulator plans to ramp up scrutiny of bad brokers and electronic communications, among other new measures.

That's just one solution among several that will help prepare your firm for success now and in the future, columnist Bob Veres says.

The new exec will advise wealthy individuals and families on tax and estate planning, investing, private banking, financial reporting and fiduciary services.

The planner, joining from Robertson Stephens, also has worked for UBS and Merrill Lynch.