"We said, 'Even though we are drinking water in the bar, there are too many drunks, so let's not go into the bar.'"

Millions of workers have multiple jobs. That means they might have multiple retirement plans. Here are the rules for situations in which a client can set up and/or contribute to more than one plan at a time.

Executives are focused on fresh products, emerging technology and the increasing prominence of ESG.

Demand for advice is exceeding capacity as about 150,000 prospective clients have reached out to the firm this year alone, Ric Edelman says.

Workers should urge their employers to offer this savings option in their 401(k) plans to save for emergency and unforeseen expenses.

Wirehouses will begin transforming their business models to mirror the bank channel in many way, says industry recruiter Mark Elzweig.

Andy Sieg, head of Merrill Lynch Wealth Management, will join the management team of the company, reporting directly to CEO Brian Moynihan.

The duo previously spent a decade and a half with Oppenheimer.

The program could see benefit cuts and undergo significant changes in the future, and this poses a problem for seniors who depend on it for their main source of retirement income.

The top advisor this year, James Hare from Pinnacle Bank and Raymond James, views himself as the Warren Buffett of Nashville.

The regional firm launched its seventh new office this year.

The broker-dealer has also appointed a new northeastern regional director for its independent contractor division.

Fees are down, making analysts targets for cuts.

Some of the changes to rental property rules may be confusing for clients.

The industry risks becoming more of a boy’s club, rather than less of one.

The holidays are fast approaching, which means it is time to start doing some year-end tax planning.

Ameriprise scores big in its latest round of recruiting.

The firm is changing course in response to a shifting regulatory landscape and advisor feedback.

With 27,000 advisors on the move this year in wealth management, the industry remains in a period of flux.

Find out where this year's programs fall on the map.