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Former Convergent Chairman Steve Lockshin offers his take on events and issues surrounding the suicide of his friend, ex-Convergent CEO David Zier.

An advisor managing $181 million in assets left Morgan Stanley for the Swiss firm.

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Two advisors have been hit with fraud charges for allegedly misleading clients about a hedge fund managed by an investment novice and debt collector.

Three ways your clients can save on taxes; two money moves they should make this year; and what they should do with capital losses before saying goodbye to 2014.

A trio of top custodial executives discussing big trends for the RIA sector downplayed the term -- at least as a marketing advantage -- during a panel this week at the MarketCounsel summit in Las Vegas.

Monterey Credit Union could be the first credit union to convert since mid-2013. Management hopes the move will allow it to make more small-business loans, while providing greater access to capital.

Third-quarter sales of annuities receded to $56.9 billion, down 5% from the previous quarter and 1% from the same period last year.

Research into understanding the human element of investment decisions exposes a flaw that, according to AthenaInvest CEO and director of research Tom Howard, currently exists in active management: despite corporate advertising to the contrary, he says, most fund managers can only be active toward a certain number of picks and fund volume.

The soaring stock market this year has provided a boon for investors age 65 and over even more than people from other age groups; plus, sales pitches about annuities can distract savers from making an informed investing decision.

As a rout in energy prices spreads to global equities, investors are returning to gold to take cover. Assets in the SPDR Gold Trust, the world’s largest bullion exchange-traded product, rose yesterday at the fastest pace since July. The holdings are up almost 1% in December, snapping four straight months of losses.

Merrill Lynch compensation remains mostly the same next year, with some tweaks to smaller accounts.

Wealth managers called into active duty have a delicate balancing act between serving firm and country.

Each camp offers sound reasoning for focusing on one practice over another, but what's the best strategy for client portfolios? Here's a look at how active and passive funds have fared in 2014.

Lebenthal picked up an RIA that oversees $250 million in assets, as well as a team of two advisors in New York.

The IRS issued the 2015 optional standard mileage rates that are used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.

Mega teams spend months, sometimes years, in the effort to find a new home and transition their oversized books.

Mark Evans will provide investment advice to clients of Ascent Private Capital Management. He is the second managing director of investments to join Ascent's Minneapolis office.

Deutsche Bank was accused of using underfunded shell companies to evade U.S. taxes in a government lawsuit seeking $190 million in taxes, penalties and interest.

Clients should estimate the amount of income they will need to support their lifestyle rather than determining the right size of their nest egg; plus, eight tips for people who will retire in 2015 and why 401(k)s are still a problem.