Economy

The advisor, now barred from FINRA, allegedly violated his firm's policies and FINRA rules when he borrowed money to build a oceanfront vacation rental.

Four advisors joined the firm from rival brokerage D.A. Davidson.

The partnership will help the bank expand the financial advisory services available to business owners in the New York metro area.

An arbitration panel confirmed that a former advisor will pay back a promissory note to Morgan Stanley - almost 10 years after leaving the firm.

Launching another volley in the fight over a national fiduciary standard, an investor advocate group argues that brokerage firms are misleading investors.

Traditional firms must boost their digital wealth management tools or risk being overrun by those that already do.

Northwestern Mutual, the nation's second-largest life insurance company, is buying LearnVest, an online financial planning start-up founded in 2009.

Affiliated Advisors Group, which manages approximately $600 million in assets, will operate as an OSJ branch within Royal Alliance, part of the AIG Advisor Group network.

John Lipari and Richard Ribek say they chose Raymond James' "client-first culture."

By poaching Ruth Porat from Morgan Stanley, it's clear Google wants to forge closer relationships with banks. That's because banks hold the key to helping Google expand Google Wallet.

Lendio, an online lending marketplace for small business, raised $20.5 million of equity capital in a recently completed funding round.

Schwab sought restitution in arbitration after an advisor left its Private Client Group to join Merrill.

Two wirehouse advisors generating almost $1.7 million jumped to Steward Partners, an independent firm affiliated with Raymond James Financial Services.

Two complex directors moved up the ranks at the wirehouse.

Ted Cruz's wife Heidi is taking an unpaid leave to join the campaign of the Republican presidential candidate.

The recruit generated $614,000 in production at his former job.

If regulators can't tell the cultural differences between wirehouses and independent RIAs, Bob Veres has put together a few survey questions they can use.

LPL's "lagging earning results" led the company's compensation committee to cut Mark Casady's bonus by 40%. But Casady also got $6 million in stock options.

For several years regional banks have been furiously trying to boost fee income by beefing up in wealth management. But the cost of acquiring talent has made it hard for them to gain traction in this all-but saturated market.

A FINRA arbitration panel also orders the expungement of the advisor's termination records.