Organization Root Tag

Yet that wasn't Merrill's only recruiting success, as the wirehouse also picked up a team overseeing more than $500 million in client assets.

The regional firm could lose a quarter of its customers who said they would leave, even if they loved their adviser, if their digital experience was subpar, according to a new poll.

A planner who used to be a practicing doctor found that much of the thinking on the most suitable niches didn’t apply to her.

The firm's latest acquisition is MacDougall MacDougall & MacTier, known as 3Macs, and which was founded in 1849.

Some insiders at big brokerage firms encouraged the DoL to maintain progress. "That kept us going," Assistant Secretary of Labor Phyllis Borzi says.

The recruits moved to the firm from Morgan Stanley, Wells Fargo, Stifel and Voya.

If you're still thinking about a client who may be suffering from diminished capacity or displays other worrisome signs, then you need to say something, says Dr. Nancy Needell.

Vice Chairmen Dan Cummings and Sam Chapin, who helped meld the wealth management firm to the bank after the financial crisis, are stepping down.

Firm relaunches as Aretec – Cetera spelled backward; new owners are undisclosed.

Careful steps need to be taken so FINRA won't consider it an outside business activity, says compliance expert Alan Foxman.

The case centered on the supervision of a now-barred broker, whose misconduct included encouraging athletes to invest in a Miami Beach nightclub and sending baskets of tequila to pro sports teams, according to FINRA.

Funds built with these tax-advantaged bonds resulted in strong returns in recent years – and even no fees in a few cases.

Are you using a robo adviser with clients? Be prepared to understand the inner workings of your digital tools, says Hardeep Walia, CEO of Motif Investing.

The elderly have called with technology issues, needing assistance with poorly understood account statements and to report scams. The calls also have helped the regulator identify mistakes and instances of abuse.

Richard Ketchum adds that the regulator needs to take a closer look at the culture of wealth management companies to see if executives are setting the right tone: "It is essential that a firm's leadership own the policies and procedures."

The recruits made the move between wirehouses with two client associates.

The recruit generated $1.7 million in annual production before making the move.

The firm has named two executives to newly created positions to help build on the momentum it says it has developed in serving clients in the western U.S.

A new model of holistic financial advice is coming on the scene.

The appointment to the newly created post is part of the bank's strategy to expand its client offering.