Economy

The firm claims it is also missing important documents related to a large institutional client.

Betsy Duke took the rare step of denying the bank is looking to replace Chief Executive Tim Sloan.

Upon closing, the deal will push Wealth Enhancement’s advisor head count beyond 70 financial planners.

The No. 1 IBD drew in a team composed of both CPAs and advisors.

The advisors join the regional firm from Morgan Stanley and Wells Fargo.

Applications that tackle the industry's compliance issues, automate back-office processes and streamline clearing and settlements are drawing interest from venture capital firms.

The race is one of several this cycle featuring candidates from the wealth management space.

One way to avoid the additional burden is to take advantage of tax-deferred retirement accounts.

Trends show people are buying homes further away from expensive cities.

The advisors say they violated no contracts and took no confidential client information when they resigned from the bank.

The four-advisor practice joined the No. 1 IBD after its CEO pledged to transform the company’s culture.

The regional BD has picked up 15 advisors this month alone.

Firms’ head counts show how they’re responding to a challenging time in which experts predict the number of advisors to fall in coming years.

Regulators in Massachusetts launched a “sweep” of more than 60 firms that sold nearly $1.3 billion in limited partnerships sponsored by GPB Capital.

The move puts the Swiss bank more in sync with practices at regional brokerages.

Carla Wigen joins the senior leadership team at the Seattle-based firm, which advises on about $5 billion in assets.

The tax-focused IBD is betting on a switch to Fidelity and Envestnet while undergoing a cultural shift.

Larry Roth, who was also head of AIG Advisor Group, is offering up his expertise after helping both firms navigate difficult years as their chief executive.

Wealth management will soon have to measure up to the needs of its customers, rather than requiring customers to suit the needs of the industry.