Economy

The wirehouse has been fighting to keep managed assets this year, suing ex-advisors for taking client information during their move.

After a busy month nabbing talent from Wells Fargo, Raymond James picks up a team from Stifel.

The firm’s principal says his team wanted to join the No. 1 IBD, which is testing larger recruiting offers.

Three advisors who left the firm years ago are returning to the regional broker-dealer.

Fiduciary advocates lament the absence of the term from the SEC's rule, which they say fails to move beyond FINRA’s existing suitability standard, while the brokerage sector sees the proposal as a welcome jump in oversight.

FINRA plans to unveil a new user interface for its central registration depository system on June 30.

The move is an early indication of how firms may react to the demise of the Labor Department regulation.

The Tax Court rules that creditors must have hard evidence that an obligation is uncollectable before they deduct it.

Wealth Enhancement Group has nearly doubled its assets over a two-year period.

The firm aligned its brokerage business with Private Client Services following a big acquisition and a major executive hiring.

The advisor told the client that she could pre-pay her advisory account fees at a discount by writing him a $7,400 check, FINRA claimed.

Other states are likely to enter similar agreements with the broker-dealer.

Advisor exodus from beleaguered firm shows no sign of abating in 2018

While a search is underway to replace Howard Plotkin, his duties are being handled by global Chief Compliance Officer David Lang.

Walt Bettinger also took aim at robo advisors at the Morningstar conference.

Before agreeing to settle a client’s complaint, advisors should look for this key clause in the contract.

Although the industry reflects stark disparities, these firms are leading their peers in the hiring of female registered representatives.

The advisor was accused in a lawsuit in January of swindling a Georgia couple out of $330,000 in retirement savings.

More than half of the country's top housing markets are considered overvalued.

Banks are opting for a hybrid approach, augmenting in-person advice with digital guidance.