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The settlement brings the total global fines for the scandal to about $9 billion, paid by a dozen firms. UBS paid $1.5 billion in 2012.

The firm's wealth management division also reported that pretax operating earnings rose 16% from a year ago.

The wirehouse picked up the Blaustein Clancy Financial Group in New York.

Both wealth managers, who left UBS, also had a combined $289 million in client assets before making the move, RBC said.

Target date funds charge higher fees and don't perform well during a financial crisis; Plus, three great freebies for retirees.

American workers and retirees are expressing higher confidence about their ability to afford retirement this year, even though there is little sign they are taking the necessary steps to achieve that goal, according to a new survey.

One of the advisors managed about $200 million in client assets while working for the wirehouse. The other joins a $500 million team at Janney, the firm said.

About a quarter of fee-only advisory firms we surveyed in February said they had changed their fee structure in the past year (as did 20% of all independent firms). So what did they do? We combed through respondents' individual comments to identify several of the changes firms have made.

About a quarter of fee-only advisory firms we surveyed in February said they had changed their fee structure in the past year (as did 20% of all independent firms). So what did they do? We combed through respondents' individual comments to identify several of the changes firms have made.

"We're betting on financial advisors and personalized financial advice delivered by people," says RJFS President Scott Curtis.

Overall M&A deal values in the asset management industry surged last year to $12.7 billion compared to $2.6 billion in 2013, but growth was largely driven by a few mega-deals, as the total number of deals remained flat.

Seven years after declaring a truce in a battle with large banks over tracking their insured deposits, the FDIC reopened the fight Tuesday with a new proposal that would take an even tougher stance.

The case complaint is the latest to portray America’s all-electronic stock market as vulnerable to predators with software.

Psychological experiments at the University of Georgia offer a pair of clear takeaways for advisors facing prospects.

After years of low interest rates and rising stock markets, once-conservative strategies might actually be putting investors in risky situations. Here's where some income investors are going wrong.

After selling Cetera for a rich $1.15 billion, Donald Marron's Lightyear Capital picks up a $4.7 billion hybrid RIA.

Changes in both demographics and tax laws require a massive rethinking of estate planning strategies. Here are a few of the minefields that planners should avoid.

Three advisors left the wirehouse to join the independent brokerage network at Wells Fargo.

Striking a balance between the emerging and traditional realms of investing is where Motif Investing sees its niche, says its co-founder and CEO Hardeep Walia.

Future retirees whose non-Social Security income exceeds $80,000 would see benefit cuts under a proposal by the New Jersey governor; Plus, why Roth IRA tax tricks won't rescue an investor's retirement.