Economy

As part of the FP50, Financial Planning tracks the percentage of reps producing more than $150,000. Many of the firms with the greatest number of top producers, it turns out, are smaller boutique firms.

Ameriprise enticed away a Morgan Stanley advisor who generated $1 million in annual revenue, according to a spokesman for the regional broker-dealer.

Two advisors managing more than $160 million in client assets have jumped from Merrill Lynch to Bison Financial Group, an independent practice of the Wells Fargo Financial Network.

Opponents argue that the long time horizon and heated controversy could convince the White House to back away from the retirement plan proposal.

Two UBS advisors managing more than $300 million in assets have joined Wells Fargo.

Here are the smartest tips and tricks we’ve heard recently.

UBS' Barry Ringelheim has seen enormous changes in the industry during his 46-year career as a financial advisor. But he says earning clients' trust remains the foundation of the business.

Despite declining numbers, defined-benefit plans are in vogue with small business owners and the advisors who serve them.

For clients, is one type of firm, business model or fee structure better than another?

OnWallStreet's annual ranking of the wealth management industry's top wirehouses and regional broker-dealers shows continued growth at these firms but they still face challenges growing their business. See which firms ranked highest and how the industry's leaders plan to stay on top.

OnWallStreet's annual ranking of top wirehouses and regional broker-dealer firms in the employee advisory channel gives an encouraging snapshot of the wealth management industry. This year’s analysis from surveys and both corporate and public filings shows growth across the board.

Advisors can avoid risks and find success in breaking away to independence, says Shirl Penney, founder of Dynasty Financial Partners.

Comprehensive financial planning isn't just good for clients. It's also good for business -- and advisors and their firms are paying attention.

Clarity in strategic vision and compensation boosts advisor satisfaction, according to a new J.D. Power & Associates study.

Father-and-son advisor team managing more than $200 million in assets left Sterne Agee for Raymond James.

Every year we run the numbers to see how the top 10 list would change if the B-D networks aggregated their revenue numbers. This year we added another twist, looking at how the rankings would be affected if the new RCS network had in fact been put together before the end of the year.

A Stifel advisor team that managed almost $200 million in assets has left the firm to join Raymond James & Associates.

An advisor team managing more than $170 million in client assets has left UBS to join Stifel, Nicolaus.

UBS, Switzerland’s biggest bank, named former U.S. Senator George Mitchell chairman of a new advisory council for the firm’s business in the Americas.

Citigroup assets at its Asian wealth management businesses climbed to a record $251 billion at the end of May as U.S. and European banks have been seeking to boost their wealth businesses in Asia to tap rising affluence in economies from China to Southeast Asia.