Economy

Cetera's assets under management climbed to $46 billion for the first quarter, up 32% from $35 billion for the same period last year. Adjusted EBITDA soared 50% to $36 million.

Envestnet's acquisition of Finance Logix marks the latest in a string of big firms snapping up advisor-focused technology providers.

Andrew Parish, publisher of the wealth management gossip site, admitted he failed to pay more than $341,000 in employment taxes for his recruiting business, Axiom Consulting Group.

Two advisors that produced $2.15 million in annual revenue joined Raymond James Financial Services, the firm's independent broker-dealer.

The head of UBS' Client Advisory Group Bob Mulholland is set to retire, and will be replaced by fellow executive Brian Hull according to an internal UBS memo.

Two other groups that managed more than $300 million also move to the wirehouse.

New hires join the firm's employee and independent channels.

Profits fell 1% at the wirehouse's Americas wealth management unit this past quarter, as advisor headcount continued to slide.

The trio collectively supervised about 200 advisors who oversaw more than $17 billion in client assets for UBS and Wells Fargo.

Sage Private Wealth recruits an advisor with about $1.3 million in annual revenue -- and a family resemblance.

Learn how these leaders are focused on growing the advisor ranks and helping them build bigger businesses.

This year's elite leaders, nominated by their staffs and selected by a panel of judges, reveal their strategies for helping advisors and boosting AUM.

Management is pushing advisors in new directions, implementing more behavioral bonuses and restricting payouts on small household accounts.

The new recruits generated an estimated $1.4 million in combined annual revenue while at Merrill Lynch.

Two wirehouse advisors who oversaw $140 million in assets joined the super regional's employee advisory ranks.

Advisors should understand the personality styles of their branch managers for financial success, job satisfaction and comfort within their own firm.

LPL's net income dropped 4.6%, as the firm recorded $11 million in regulatory and legal bill for the first quarter.

A D.A. Davidson advisor is inspired by his father to join the wealth management business.

The U.S. Senator says she is, "concerned that these incentives present a conflict of interest for agents and financial advisors."

"The bar of expectations among advisors has been raised by their experience with a best-in-class website," says the author of a new report in which advisors ranked fund managers.