Economy

Planners are seeking the independence and support that they say they aren’t getting at wirehouses.

As the financial planning industry nears a fee-only, fiduciary world, independent broker-dealers will face some important choices about their future business models.

IBDs and regional firms are making the biggest changes, but RIAs have room for growth as well.

She'll now be responsible for supervisory operations at one of the largest firms she once helped regulate.

The bank aims to have a total of 4,000 representatives by year-end in Merrill Edge, which now has 2.4 million accounts and $184.5 billion in assets.

The broker belonged to Morgan Stanley's Chairman's Club, a group reserved for the elite among the firm's advisor ranks.

The bank recruited a wealth executive from J.P. Morgan Chase to “continue accelerating the unit’s pace of growth,” it said.

After the digital advice firm reportedly saw its valuation drop $200 million, industry executives ask if independent robo advisors are on borrowed time.

The wirehouse hires will aid Advizr's focus on reaching smaller broker-dealers, says chief executive Hussain Zaidi.

National Financial Services accused the brokers' former IBD of breach of contract in a case displaying the complexities of such moves.

Sometimes, crunching the numbers shows surprising results. Here’s how advisors can evaluate the tradeoffs of relocating to regions with lower taxes.

Despite leaving the Broker Protocol, UBS continues to selectively recruit high-end teams.

Wirehouses have been losing talent as advisors seek more freedom in how they structure their practices.

The firm is seeking to buy wealth management assets more aggressively after gaining greater clarity from global regulators on how much capital the bank will need over coming years.

Frustrated by the limitations of working at a bank-owned brokerage, advisors Randy and Matthew Price opted to join the independent firm in Houston.

Cetera has provided financing and other services in more than 250 acquisitions across the IBD network since 2015.

The firm’s headcount increased 8% in just one year.

IBDs are waging a tough recruiting fight for hybrid RIAs, and Bill Van Law played a pivotal role.

The new hires from Merrill Lynch and JPMorgan are welcome news for the embattled bank’s wealth management division.

In a rapid-fire interview with Financial Planning, Moore paints a bright picture of the job market for young financial advisors and takes aim at the most "absurd" practice advisors still undertake with clients.