RIAs

The proposed rule would require firms to have blueprints in place for natural disasters, cyber disruptions and transitioning clients if a practice winds down.

The new recruit is joining Corient Capital, an independent firm founded a year ago by ex-Merrill Lynch advisers.

The firm bought the unit, which has over 600 advisers, as part of a $150 million acquisition deal to boost its overall broker ranks.

It’s time for professional planners, as opposed to sales agents, to define themselves accurately in the public mind. To do it, you need to use key words and phrases with crystal clarity.

LPL touts its size and scale as a plus to attract advisors, but the company's heft can also work against it, consultants say.

Now is the time to prepare your clients to toughen up (and yourself, too).

If done in a disciplined, thoughtful way, financing can play a pivotal role in the successful launch of a new independent RIA.

Ash Narayan "secretly siphon[ed] millions of dollars from accounts he managed for professional athletes," the SEC alleged.

Working with exactly the right type of client will enable you to accelerate your success in a way that working with every type of client never can.

"I expect a seismic change as product manufacturers will have to adapt to the new rule," says NextCapital's Rob Forreger.