Economy

Commissions-based compensation models are losing ground to fee-based ones. But for broker-dealers, the switch isn’t something to be entered into lightly, Michael Kitces writes.

The former Fifth Third program manager will also help Cetera-affiliated banks and credit unions grow their wealth management programs by increasing client wallet share.

The firm picked up teams from Merrill Lynch and Wells Fargo.

The new hire previously generated $1.4 million in annual revenue, according to his new employer.

We've reshuffled our top 25 program managers to list them solely by team production. Here are the top 15.

The regional firm’s new recruits joined in two locations.

The new offering would enable the firm to serve "more than their traditional wealth management needs," an executive said.

The duo led a seven-person team in Chicago serving 50 wealthy clients, according to the bank.

It seems that a long bull market in transition deals may be coming to an end.

Certain planning techniques allow estate owners to bequeath vacation homes without triggering hard feelings and large expenses.

Purchaser B. Riley Financial will operate Wunderlich alongside its RIA and investment bank.

Opponents of the regulation don’t have “new evidence” to beat back a final legal challenge, says the former assistant secretary of the Department of Labor.

C.L. King & Associates argued it did not break any FINRA rules.

The firm says its external backup system failed at the same time its main internet connection was cut, raising concerns.

The firm’s newest team left Wells Fargo’s independent channel.

The move is the latest in a string of new hires at the regional brokerage firm.

The OCIE is suggesting best practices for firms to protect themselves.

The broker says the decision to switch firms was "an easy one."

The firm's latest hires joined from regional brokerage D.A. Davidson.

Led by a 33-year industry veteran, the group joins the regional firm from UBS.