Economy

The fast evolution of technology has many industry leaders trying to figure out whether robo advisors are a threat, a tool or something else entirely.

The two advisors move between the super regionals.

Overall client satisfaction with investment firms held steady, but the J.D. Power report identified at least one missed opportunity for advisors.

Once known just for CRM, the company has since built out a broader cloud-based suite of tools. Joel Bruckenstein checks out the new offering.

Stifel's CEO says his firm is enlarging its footprint in the independent space because clients are migrating there.

Wells Fargo's Mary Mack says advisors should embrace technology as the online retailer and companies like Apple and Uber have changed client expectations.

New Hampshire wants LPL to pay $3.6 million in a fine, other costs and restitution, following millions LPL already has paid to FINRA and Massachusetts.

The allegations, coming from two former clients of the recently dismissed advisor, demonstrate how a big producer could also become a big liability for firms, securities law experts say.

Of the 40 odd banks that own their broker dealer, eight list their wealth management executives among their five highest paid officers.

A former RBC team that had over $1.25 million in combined production has joined Janney Montgomery Scott.

HighTower adds a group led by one of On Wall Street's Top 40 Advisors Under 40.

A 33-year industry veteran heads the three-member group.

The firm recruited three advisors to its employee and independent channels from rivals Edward Jones, Wells Fargo and MetLife Securities.

A father-and-son team from Janney Montgomery Scott joined the wirehouse.

Dwight Freeney, who played with the San Diego Chargers last season, claims the bank set him up with an unqualified private banker and her "notorious financial predator" boyfriend, according to court documents.

The two advisors were banished from the industry late last month for allegedly stealing money from customers, joining nine others who have been barred by FINRA so far this year.

Wealth management firms are implementing more behavioral bonuses while also making a larger share of comp deferred.

The wirehouse landed five recruits from Stifel, Morgan Stanley and RBC.

Advisors face a shifting landscape on both competitive and economic fronts. Many argue that it's time to scrap the AUM fee altogether.

Raymond James added a Wells Fargo advisor who managed $175 million in client assets.