Industry News
Industry News
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U.S. state and city debt surged in July by the most in more than two years.
August 9 -
Profit plummeted in the second quarter as economic conditions and rising expenses took a toll on the firm's results.
August 8 -
Three new incoming partner firms have brought $9.5 billion in combined client assets and $50 million in annual revenue this year.
August 4 -
The publicly traded holding company completed the latest of more than 1,000 brokerage shutdowns in the past decade.
August 4 -
CEO Dan Arnold says the firm is eyeing continued records in its headcount, despite the usual dropoff in broker moves during downturns.
August 4 -
Just months removed from taking the reins of one of the fintech's new business lines, D'Auria joins the FP podcast to talk about what's next for the industry.
August 3 -
A Georgia appeals court threw out a bombshell ruling against Wells Fargo that said the Wall Street bank "committed fraud" with an arbitration panel.
August 2 -
Robinhood Markets cut almost a quarter of its workforce in a broad reorganization after a punishing first year as a public company.
August 2 -
Two Securities America brokers and their firm must pay the large award after a case that leaves many unanswered questions.
August 2 -
Citigroup is planning a 500-person hiring spree over the next three years for a new wealth division catering to junior employees at private equity offices, consultancies and accounting firms, betting those clients will someday join the ranks of the ultrawealthy.
August 2 -
The independent hybrid RIA is “one big firm whose business model has changed,” CEO Paul Reilly said on the company’s second-quarter earnings call.
July 28 -
CEO Jim Cracchiolo views incoming advisors as “a continued good opportunity” for the firm, he told analysts on an earnings call.
July 27 -
The CFP exam is no cakewalk. Here are practical tips from the pros on how to clear the career hurdle.
July 27 -
Students who complete the new master's program at NYU and pass the CFP exam can become CFP certified.
July 27 -
New research from Moody’s Analytics finds that the number of ESG-related controversies is on the rise.
July 27 -
Lower advisory assets and regulatory matters combined to offset the wirehouse’s rising interest revenue in the second quarter.
July 26 -
A prized measure of performance — organic growth — is increasing for top-performing firms, Schwab’s latest benchmarking study shows
July 25 -
CogniCor will deliver AI-enabled solutions via Schwab's Provider Listings program, and an Ohio RIA is the first to get in on the new arrangement.
July 25 -
A welter of benchmarks and indexes makes it hard for retail investors and financial advisors to know exactly what they're buying
July 25 -
The Financial Services Network viewed its relationship to LPL as a “dealbreaker.” So Marty Bicknell’s giant RIA is making room.
July 21



















