Economy

It was Ray Jay’s tech and in-house marketing agency that initially appealed to the team.

The wirehouse last made changes to its compensation plan in 2016.

A former rep has drawn at least 30 claims after pleading guilty to fraud, while clients of another ex-LPL advisor are seeking damages five years after his initial arrest.

It has been a banner year for regional BDs as more than 400 planners joined the fold, according to hiring data analyzed by On Wall Street.

After acquiring TD Ameritrade, Schwab’s custodial division would grow to about twice the size of its closest competitor.

The robo advisor is also pursuing more banking business.

Tom Bradley, known as an advocate for independent advisory firms, was hired to support advisors with under $100 million in assets.

Some advisors may see their pay rise in 2020.

Wealth management’s graying ranks have to consider the best way to cash out of the business.

Brokerage firms that sell the funds must determine whether clients understand their risks — a requirement that could discourage offering them at all.