Economy

The leaders Bowersock Capital Partners were academia-bound before discovering wealth management was their true calling.

Some of the defecting advisors had been long-time advisors at their former wirehouse before making the move.

Some advisors have questioned the ethics of taking the loans, intended to help small businesses keep their employees on payroll.

The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.

The price hikes would come as early as 2022, and follow a budget deficit in 2019.

This year’s survey results reveal challenges for independent broker-dealers and their future growth.

Grappling with margin pressure, consolidation and fragmentation, the sector questions its identity.

Wealth management firms should define success by how well their operations perform under pressure, Kestra Financial COO Kris Chester says in an episode of Financial Planning’s podcast.

The basic yet revealing query shows why it’s not just about FINRA registration as a BD and 1099 contractor status for advisors.

For the first time, the ranks of the top 25 firms according to their annual business include single entries for IBD networks.

This interactive tool provides the full collection of data from Financial Planning's 35th annual study of the largest firms in the space.

The bank says an announcement on how far the current 51-cent payout would drop is expected in mid-July.

The number of pending sales dropped annually in 17 of the top 35 metro areas, data show.

The regional BD is drawing advisors from coast to coast — even in states where the coronavirus is on the upswing.

They join a growing St. Louis branch that RBC opened in 2018.

Billion-dollar teams are voting with their feet. Here’s where they are going.

The privileged realms of American finance still look much the way they did a decade ago, or even two or three decades ago.

Talks had focused on plans to attract $15 billion of assets under management, mostly from wealthy Latin Americans, according to people familiar with the matter.

The advisors defected from rivals UBS and Merrill Lynch.

LPL has reeled in about half of the reps changing their BDs so far this year, but the full RIA channel is also reaping big gains. Plus, other news in the indie space.