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The large community bank will look to LPL to help the investment services business meet the requirements of the fiduciary rule.

11 executives were recently tapped to lead wealth management and related investment services teams at Bank of the West, BNY Mellon, Key Private Bank and U.S. Bank. Find out who they are and what their new roles entail.

The White House has made fiduciary part of investors' vocabulary.

The robo adviser says a new free service for clients is attracting interest beyond Silicon Valley.

Their attorney said he would instead file claims in arbitration.

Fourth-quarter revenue jumped 19% year-over-year, while profits soared 57%.

An ongoing heavy focus on the business unit has benefited the overall firm.

Morgan Stanley, a previous employer, won $243,000 in an earlier arbitration case.

One of the new recruits says his group was attracted to the firm's platform and culture.

The spat between the firms started when the regional BD recruited a group of advisers who collectively oversaw about $1.1 billion in client assets.

Even among the wealthy, a growing number of clients want more digital engagement, says CEO James Gorman.

James Gorman laid out plans for the wealth management unit, which turned in record earnings for the fourth quarter.

While ETF choices are limited, a handful using these securities offer different approaches and capitalization sizes.

The arbitration award comes a month after the wirehouse had to pay a similar amount to clients stemming from the sale of debt from the island commonwealth.

16 individuals or teams are nominated in the four-category list.

Coding and other billing system errors were to blame, according to the regulator.

The advisory business ended the year on a strong note, boosted by growth in net interest income, which rose 14% year-over-year.

The move comes as a surprise; "active search" for a replacement underway.

The business, which includes Merrill Lynch, said profits were up 1.8% year-over-year, but down 9% from the previous quarter.

Advisers have been warned: SEC's exam guidance to focus on cyber threats and issues involving seniors, leaving little excuse for noncompliance.