Economy

United Capital anticipates adding $1.5 billion in assets in buying Select Financial Group and PSA Insurance & Financial Services.

The wirehouse advisors joined forces at Dynasty Financial Partners to launch Cardan Capital Partners.

Is it time to take a closer look at private foundations?

Stifel expects just 95 to 105 Barclays advisors will stay on, compared to 180 when the deal was announced in June, the firm said.

A new recruit generating about $1 million in annual revenues made the move from UBS, the firm said.

A team that oversees $750 million in client assets made the move from Morgan Stanley to UBS, the firm said.

Recruiter Mindy Diamond says the historic accord forged a bond of trust between advisors and their firms that the industry cannot afford to lose.

An advisor managing $195 million in client assets left Wells Fargo Advisors for Raymond James & Associates.

Wells Fargo's elite brokerage unit picked an attorney as its new chief fiduciary officer.

FINRA moved to banish the broker for failing to cooperate with an investigation into allegations that he borrowed thousands of dollars from a 70-year-old customer without Wells Fargo's prior approval.

Merrill Lynch picked up an advisor from rival Credit Suisse.

The newly recruited Wells Fargo team will operate as Cohonesto Financial.

Advisors gasped when they heard that the proposal requires firms to have a website revealing information previously considered confidential.

The firm's Americas wealth management unit is smaller, but better positioned to compete for wealthy clients after six years under President Bob McCann, industry insiders say.

The Short Hills, N.J., bank chose Invest Financial for its home office resources, scale and technology.

Brown Wealth Management Group, a former Wells Fargo-affiliated independent advisory firm, will focus on high-net-worth clients at LPL.

With the acquisition of City National Bank complete, RBC will begin beefing up its capabilities – but in a carefully planned roll-out, says John Taft, CEO of RBC Wealth Management-U.S.

Two advisors left the British bank's U.S. wealth management unit before the close of its pending sale to Stifel.

The fiduciary rule would significantly change how advisors are compensated and is part of a global trend to increase investor protection, researchers say.

Two of the new advisors at the wirehouse came from rivals Merrill Lynch and Morgan Stanley.