The case is the latest to shine a light on the conflicts of interest and bitter recrimination that can arise from the personal relationships advisors often form with clients.

Citi's proxy statement praises its head of wealth for bringing in net new assets and talent.

Morgan Stanley's cuts add to a series of workforce reductions across Wall Street as bosses navigate an uncertain economic outlook.

Founder Steven Fox is asking for a flat $18,000 per year from planners to act as their RIA and platform provider to drive changes to fee models across the industry.

Not long after announcing a new set of services for high net worth clients, Edward Jones rewards CEO Penny Pennington with a $29 million compensation package.

Robinhood Markets is unveiling a hub inside its popular app for retail traders to bet on the likelihood of certain event outcomes.

Stifel pulls a $1.35 billion team from Raymond James, while LPL draws from Edward Jones and Wells Fargo, in advisor moves this week.

With more views and options for financial advisors to be independent, TritonPoint Partners is offering up its take on flexibility, cash and equity, and employment status.

Stuart M. Feld took the time to speak with Financial Planning about his vision for his newly created role, how the firm is using AI now and in the future, security and more.

Also this week, Captrust scoops up a $1.4 billion RIA, and Mercer Global adds a head of M&A.

Every basis point of revenue based on client assets poses competitive implications. Here's how the upcoming change could affect financial advisors' businesses.

The near-blunder occurred in the same month that another part of the bank accidentally credited $81 trillion to a different client.

The president of the firm's Private Client Group also discusses why advisor headcounts don't mean much anymore and how private equity owners of wealth management firms may have trouble realizing their value propositions.

Location plays a crucial role in growth and advisory practice valuations — just not in a simple map focusing on the largest cities with the most wealthy people.

Also this week, Cetera closes on its purchase of Concourse Financial Group, and Raymond James appoints a head of AI.

RBC's firmwide net income skyrockets despite rising costs, even as its advisor headcount holds steady.

The largest independent digital investment advisor in the U.S. is buying the automated investing arm of the woman-focused company.

Wells Fargo joins Bank of America, Citi and Charles Schwab in stepping away from its DEI policies.

The hiring comes roughly a month after Ida Liu resigned and the firm embarked on a regional restructuring.

Citi CEO Fraser announces the end of the diversity, equity and inclusion initiatives it had started a mere three years before.