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Raymond James is ramping up its pitch to attract independent advisors by opening up access to alternative investments.

Bloomberg -- Evercore Partners Inc., the investment bank founded by former U.S. Deputy Treasury Secretary Roger Altman, hired Jewelle Bickford as a partner in its wealth- management unit.

In 2012, the unit generated $25 million in revenue, beating the 133 banks in the region that reported brokerage fee income last year.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of RIAs have to say about some of the most popular overseas retirement destinations among their clients.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of advisors have to say about some of the most popular overseas retirement destinations among their clients.

Eileen Rominger, former head of the Securities and Exchange Commission’s Division of Investment Management, has decided get back to work after a year-long hiatus.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of advisors have to say about some of the most popular overseas retirement destinations among their clients.

Fewer RIAs this year are in the mood to sell thanks to stable growth in the markets.

The estimated U.S. mutual fund asset flows for July 2013 were released by Morningstar today. Investors added $15.9 billion to long-term mutual funds in July, driven by inflows of $7.9 billion into international-equity funds.

Sellers will say rising rates makes them more valuable. Buyers will say the same trend makes sellers less valuable. Add this impasse to the list of complications for bank M&A.

Cullen/Frost Bankers in San Antonio has agreed to buy WNB Bancshares in Odessa, Texas for $220 million in stock and cash.

As risk has dialed up in today's uncertain climate, there has been a growing trend of mutual funds embracing the flexibility and creativity of various options strategies to dampen volatility and garner better returns.

Fidelity Labs, a part of the Fidelity Center for Applied Technology, Fidelity’s unit focused on innovation, previewed the Fidelity Market Monitor for Glass. This is the first investing Glassware widely available for Google Glass.

Wells Fargo has expanded its Denver, Colo., operations adding an advisor with $150 million in assets under management.

Nuveen Investments announced the Board of Trustees of the Nuveen New York Dividend Advantage Municipal Fund (NAN), Nuveen New York Performance Plus Municipal Fund, Inc. (NNP) and Nuveen New York Dividend Advantage Municipal Fund 2 (NXK) approved a merger.

What summer doldrums? Focus Financial Partners, one of the country’s largest RIA aggregators, has made its second major deal in two weeks and fifth of the year, boosting its total assets to over $60 billion spread over 27 firms.

Many advisors have been surprised, almost shocked, to learn how unprofitable the bottom 50%, 60% or even 70% of their client base actually is.

Fewer RIAs this year are in the mood to sell thanks to stable growth in the markets.

The cultural divide that has long separated bankers and advisors is easing as banks step in to settle differences between them. Here are some of the steps banks are taking to defuse the banker-broker culture clash.

Findings from the second quarter 2013 John Hancock Investor Sentiment Survey—a quarterly poll of affluent investors—show a surpriisng lack of knowledge.