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A former Merrill Lynch executive has joined Focus Financial Partners to co-head a program that helps wirehouse advisors go independent.

BNP Paribas SA’s settlement talks with the U.S. over sanctions violations have headed out of the ballpark, compared with previous punishments levied by the Obama administration in such cases.

The bank has added two senior portfolio managers to its investment management team.

Frequently overlooked as a wealth management planning tool, IRS Form 1040 is the best potential tool for delivering integrated tax and investing advice.

FINRA slapped the investment banks with $1 million each in fines for submitting incorrect data on trade-related transactions.

"The wealth creation cycle in Silicon Valley right now has produced many business opportunities which are keeping the entire office very busy," says the firms' new director of wealth management.

Wells Fargo has a new group chief compliance officer for its wealth, brokerage and retirement division.

Suspending the payroll tax for people over 65 would decrease total government receipts, yet make it easier for older adults to work.

Regional wealth manager D.A. Davidson is launching a new training program aimed at bringing recent college graduates into the financial advisor profession.

Most people nearing retirement expect their advisor to help them maximize their Social Security benefits, with four in five saying they would switch advisors if their current one failed to do so.

The IRS is considering expanding a program under which it delays tax refunds for up to six months for delinquent taxpayers.

Financial advisors who want to grow their revenues have two options: go bigger or specialize. Here's how.

Credit Suisse Group, Barclays and UBS were the largest dark pools in FINRA’s first weekly report meant to make the private trading systems more transparent.

Kweku Adoboli, the former UBS AG trader who caused a $2.3 billion loss through unauthorized trading, is trying again to get permission to overturn his conviction and seven-year sentence.

The independent broker-dealers on the 2014 FP50 list delivered average revenue growth of 15% in 2013. For some firms, revenue growth was significantly greater. Here are the top 10 fastest growing IBDs based on revenue growth.

The advisor was permanently barred last week for running what appears to be a Ponzi scheme.

Steward Partners has recruited an independent team formerly with Morgan Stanley. The team managed about $120 million in assets while at RPG Family Wealth Advisory.

A report released by the chair of the Senate Budget Committee argues that tax reform should raise revenue by cutting tax expenditures that mostly benefit the wealthy.

Morningstar is offering DIY investors direct access to its separately managed accounts -- should advisors be worried?

U.S. taxpayers have sharply contrasting opinions on the fairness of the various taxes they have to pay, according to a new survey.