Economy

Ameriprise scores big in its latest round of recruiting.

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

B. Riley is grabbing a majority stake in National Holdings while pledging to be a passive investor in the overhauled firm.

Acquisitions in wealth management have proven tricky in recent years.

The executive argues the firm’s ownership structure is giving it a leg up — rather than posing the issues for advisors decried by critics.

Firms ready for the future can explain their value to clients, know what their clients want and are modernizing for a digital-first era.

Executives say valuing friendliness alongside other factors is helping to drive a record $66 million in incoming production this year.

The firm has seen a number of planners exit in recent months.

The deal could grow Baird’s headcount by about 44%.

Clients can save an average of $2,500 off the sales price by striking at the right time.

A bear market in marijuana isn’t the only challenge for new funds tracking the cannabis industry.

The firm’s efforts mirror those at other firms and associations that are trying to improve the profession’s diversity.

The hiring spree follows the firm’s move earlier this year to become a member of the Broker Protocol.

The latest recruiting sweep included eight advisors in five states.

Tania Mirchandani alleges that she lost her job because she took Goldman’s entire four-month paid family leave.

The SEC may have had good intentions, but the guidelines have distorted markets and reinforced the allure of companies that forego the IPO.

The fully-independent channel remain a competitive threat to IBDs attempting to retain top advisors while dealing with lost revenue.

The broker-dealer alleges Jason Kirkland violated company policy, used confidential information and broke his 12-month non-solicitation agreement, among other claims.

'Know which problems you are trying to solve,' says InlVest speaker Kabir Sethi.

The company's head count has expanded by 43 advisors in the past year.