Economy

The regional firm recruited four wirehouse advisors.

The self-regulatory organization acted out of concern for the client who might not be aware of the important factors relating to moving their assets with an advisor switching firms.

Mick Hellman, formerly of Hellman & Friedman, is elected unanimously in advance of LPL's annual shareholder meeting.

Having good digital solutions can help advisors and clients deal with upcoming regulation, says a top Ladenburg Thalmann executive.

With its new $700 million valuation, Betterment takes top ranking among digital advice providers.

The move fills a vacancy created by several recent promotions.

The acquisition appears to be progressing smoothly, but insiders caution that advisors can still change their minds between now and when the deal closes in September.

Two advisors who left Merrill Lynch for Morgan Stanley have returned to the wirehouse.

This filing follows January’s prearranged bankruptcy, and is part of the plan to fully restructure Cetera by May.

As of May 2, CFPs will lose the right to sue the board.

The wirehouse was seeking to resolve class-action lawsuit alleging labor-law violations in advisor trainee program.

The ex-Merrill executive had been at the wirehouse for almost three decades.

The former wirehouse advisor is the newest hire at Snowden Lane Partners, an independent firm.

Unscrupulous advisors are finding safe havens, and fear no regulatory body.

The Bank of America unit that serves ultrawealthy clients picked a Merrill executive to oversee its Central North division.

Raymond James is seeking to undo a fired advisor's arbitration win against the firm, arguing that a FINRA arbitration panel exceeded its powers.

The new recruits made the move to HighTower from Morgan Stanley and SunTrust.

Implementing the rule is a key legacy goal of the Obama administration.

Although an arbitration panel sided against the wirehouse, it awarded her far less than the $476 million in damages she had sought.