Economy

HD Vest's parent displayed the growth coming from the acquisition of its former rival.

Almost a year after taking over at the firm's investment bank, co-heads Piero Novelli and Rob Karofsky are working on their first shake-up of the business.

The firm's most recent lawsuit over alleged non-solicitation violations centered on an advisor's thank-you cards to clients.

A barred and terminated former Securities America advisor’s conduct was “appalling, reprehensible and evil,” according to a federal judge.

The Massachusetts senator asked Richard Fairbank in a letter why the bank didn’t detect the breach for nearly four months and how it plans to prevent future cyber intrusions.

An RIA owner accused the custodian of aiding his chief compliance in setting up a competing firm.

Severe declines provide the opportunity to review their portfolios and ensure their current plans support their short- and long-term goals.

The bank, which has made wealth management its central focus, plans to charge its Swiss clients an annual fee of 0.6% on deposits of more than 500,000 euros.

Danny Ludeman had worked at the wirehouse from 1999 to 2014.

One team wanted more flexibility and time to manage their clients’ financial needs.

The new recruits join the firm’s employee channel from both wirehouses and the independent space.

CEO Philip Sanders admits the past two years of the segment’s overhaul have been “a grind,” but he says it’s now ready to grow.

The stark figures show that only about one-sixth or fewer of the sector’s financial advisors are women.

The two advisors will name the team’s practice after their shared experience working for the military.

The firm didn't disclose its conflicts of interest in receiving over $100 million in revenue sharing from mutual funds over nearly five years, the SEC says.

Ladenburg Thalmann's largest firm has added at least five teams in the wake of recent acquisitions by rivals.

Former retail brokerage head David Kowach is moving to the consumer bank.

“Do yourself a favor and start saving early,” an expert says.

One advisor has worked at Securian for his entire career.

At least two clients said they received calls from the advisor where he discussed his departure from the firm, according to the complaint.