Economy

The Wealth Enhancement Group has reached $9.7 billion in client assets under a slew of M&A deals and substantial organic growth.

Clients have filed hundreds of similar claims against UBS since 2013, with aggregate damages of $2.6 billion.

When two agencies are probing your firm, it doesn’t hurt to ask that they coordinate their efforts.

A Florida court will hear a client’s claim that the firm charges processing fees that had ranged as high as 10 times more than the stated purpose: transaction and clearing costs.

Earnings reports this week showed the firms are increasingly rushing into a booming market for lending to wealthy clients. So far, it’s paying off.

What's to stop financial planning from being shrunk entirely into a free app?

Enforcement actions against IAs and reps at the state level soar in 2017, according to NASAA report.

LPL slammed the move by the exiting major issuer to cut off trails for advisors in certain existing contracts.

“High-touch” support, technology and firm culture played a part in career changes for seven advisors.

Net income increased 31% from a year ago.

Advisor Brian Chilton’s $844,000 arbitration award could herald more losses for the firm.

A bonus introduced earlier this year has helped fuel client acquisition, executives say.

The practice transitioned in a week in which 15 advisors joined their new firm in three separate moves.

The No. 7 IBD expects such moves by advisors to increase in coming years, so it's ramping up offerings aimed at fee-only services.

Reg BI would boost sales because the products fill a pressing need for income over long lifespans, the executives say.

Executives at the beleaguered firm say they are focused on quality, not quantity.

Allianz became the second multinational insurance firm to step away from the IBD space this year under a plan to shutter Questar Capital.

Standout firms and individuals were awarded by NICSA their efforts in transforming industry operations.

Schwab, Vanguard and LPL explained their approach to campaign donations as the industry and its supporting sectors provided $19 million in PAC contributions.

The brokers moved their practices to rival firms Ameriprise and William Blair.