Economy

The widow argued that her advisor failed to confer with her about the investment strategy he and her late husband developed prior to her husband's sudden death.

The bank chose to integrate its program after its acquisition of 18 New York-based branches of First Niagara Bank last year.

Advisors are jumping to firms with established infrastructure.

Be aware of changes to retirement savings plans and alimony. Here’s what clients and advisors need to know.

If you’re reinventing the wheel with every single task, you are forgoing all the benefits that technology was intended to provide.

The five consultants spent a combined 55 years at the No. 1 IBD, and they set up shop near two of its main corporate offices.

LPL's acquisition of National Planning Holdings' assets alone resulted in 10 moves of $744 million or more of clients assets.

The robo advisor is relying on behavioral insights to develop more personalized offerings as advice like Amazon's Alexa seeps into wealth management.

Regulatory decisions, whistle-blower cases and acquisitions will define wealth management in 2018, and the people here will be the decision-makers who remake the industry.

The broker engaged the client in 11 private securities transactions involving private equity and debt securities in companies spanning a wide variety of industries, FINRA alleged.

Exclusive: The No. 4 IBD unveiled a new bank-based team even as its competitor began revealing its retained firms under the acquisition.

The seven new hires joined both the independent and employee channels.

Comparing trading prices alone may not be enough.

The IBD network says it has added 583 advisors so far this year.

Lagging rival broker dealers, the firm recruited the president of RIA firm Priority Financial Group to lead the financial institutions division.

Some brokerage firms are concerned that the tax overhaul could spur their employee advisors to set up their own shops or switch firms to lower their tax bills.

In a concession to the advisor, he can still respond to client emails and calls, even though he may not initiate contact.

The duo recommended an investment strategy that was overly concentrated in four speculative equity securities to more than 50 customers, FINRA alleged.

The change builds on earlier policy shifts at Ameriprise, which previously pulled more than 1,500 funds from its platform.

Roughly 300 ex-NPH advisors have chosen smaller IBDs over LPL Financial after its massive acquisition.