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CEO Wayne Bloom says the threat of lawsuits in the wake of the new regulation prompted the change, which could be a first among IBDs.

The bank will provide both non-discretionary and discretionary services. The discretionary service will offer three types of investment lineups built for different plan demographic profiles.

Regulators are looking to ensure Wells Fargo’s scandal over unauthorized customer accounts isn’t being repeated at other institutions.

“Q3 2016 is the eighth successive quarter of 30 or more transactions,” says David DeVoe, managing partner at DeVoe & Co.

Wells Fargo appears to have offered two different reasons for why it failed to inform investors about the investigation into 2 million phony accounts.

One recruit started in the industry more than two decades ago.

With investors increasingly moving to lower-cost, passively run funds, the firm says it plans on countering the resulting record redemptions by merging with Henderson Group.

The improved outlook for the world's largest developing economy has helped increase clients' risk appetite.

Workers over 60 can expect an increase in Social Security taxes next year but they won't get as much in return.

It's unknown how many of Scottrade's 1,000 brokers and 800 RIAs will ultimately be part of the new firm

Genworth CEO Tom McInerney has been selling assets so the insurer has enough liquidity after being hit by losses on its long-term care coverage,

While many are woefully uninformed about the mechanics of Social Security, better information alone is not enough to guarantee better claiming behavior.

The new recruits come from Morgan Stanley and Wells Fargo Advisors.

Advisers beware: This could be what's wrong with how you're communicating with female clients.

Investors added more than $750 million to ETFs that buy emerging-market stocks and bonds last week, extending the longest winning streak in more than a year.

"There's going to be a lot more raw data that firms will have to collect," says Paul Soltis, global market manager for fund administration service provider Confluence.

The online platform deal is the Canadian bank's latest move to strengthen its wealth management business and grab more wealthy American clients away from traditional brokerages.

Commodities aren't a good inflation hedge, according to one expert. Instead, talk to clients about TIPS or even some securities.

One of the sanctioned advisers has 26 disclosure events listed on his FINRA BrokerCheck record while remaining in good standing with Ameriprise.

The bank ignored fees on structured notes, and clients may have been shortchanged, a consultant says.