Hailing from Merrill Lynch, Edward Jones and Waddell & Reed, the advisors join as both employees and independents

The newly independent advisor oversaw $92 million in client assets.

The central bank’s own data show that slightly more than half of U.S. households own stocks. But that doesn’t come close to telling the whole story.

A federal court decision that could be subject to appeal secured Social Security benefits for certain same-sex marriages that hadn't previously been eligible.

One team is among the top producers in their region, and the other spent more than two years assessing potential employers.

“The idea is economic fairness, economic justice, economic inclusion. Not just making donations,” says Ariel Investments co-CEO John Rogers.

It's been hard for me to find mentors, and I've stopped attending most industry conferences.

The Labor Department issued guidance Wednesday effectively allowing retirement plans to invest in buyout firms.

"We have to redouble our efforts to make progress," Brian Moynihan said a day after the bank pledged $1 billion over four years to try to address racial and economic inequality.

An advisor whose family has been “irrevocably harmed by police brutality” calls on industry peers and their clients to spark positive change.

The data on Black and Latino advisors helps track the industry’s progress amid nationwide Black Lives Matter protests.

The decade’s top performers also outpaced broader markets over the short term.

Advisor Zaneilia Harris has come to a bleak conclusion.

“The U.S. is in a lot of pain right now, and our African-American colleagues are in a lot of pain,” Jenny Johnson, chief executive officer of Franklin Resources, said.

Age-based portfolios were susceptible to market volatility — and some clients have pulled out college savings.

The death of George Floyd in Minneapolis and other fatal police encounters now fueling protests nationwide have prompted executives from almost every major bank and investment firm to speak out.

Early withdrawals from retirement accounts may be unavoidable in today’s economic climate. You can help mitigate the damage.

Bankers spent Monday cleaning up damaged branches, wondering if their small-business clients will need more emergency aid and contemplating how the racial and economic inequalities highlighted by days of violent protests nationwide can be corrected.

The change is one of several made to the board’s disciplinary reporting process following a report by an independent task force that found “systemic, long-standing, governance-level weaknesses.”

The moves also indicate advisors are more willing to make a career change following a recruiting slowdown due to the coronavirus.