Independent advisors

The financial services firm continues to go before FINRA arbitration panels to defend itself against claims over ex-broker's actions.

The firm and an advisor kept clients in leveraged funds for extended periods, even though they were often meant to be held for a single day.

But the firms continue to close faster than new ones open, suggesting consolidation remains an industry trend.

Lawyers for the popular brokerage service argue that federal regulators have resisted the use of a single conduct standard to preserve investor choice.

Tapping a relationship that was around 15 years strong, Sanctuary won a legacy Merrill Lynch team in the competitive market for independent advisors. Here's how it happened, Sanctuary president Vince Fertitta told FP.

The banking giant's asset and wealth management arm boasts more than $4.3 trillion of client assets.

The support firm for RIAs sees opportunities to position itself between buyers and sellers of firms.

Investors who fled equities during last year's rout have not benefited from subsequent recovery.

In a new risk alert, the Wall Street regulator warns about lapses with cybersecurity, email and third-party vendors.

New portfolios from BlackRock, Fidelity, T. Rowe Price and Clark Capital underscore the Chicago-based firm's ambitions with independent advisors.