The Top 20 Firm is also taking an equity investment in Sequoia Financial, and the two plan to deliver services to each other's clients.

The legal action comes after executives expressed comfort with their firm's deposit rates in a recent earnings call.

Rising financial advisor productivity came with much better pay at these independent brokerages.

The arbitration decision comes more than a year after SW Financial was expelled from the industry for violating Regulation Best Interest.

These firms ramped up their ranks through recruiting and M&A deals at notable rates over the past decade — even as the channel experienced record growth.

Alfred Nobel was the inventor of dynamite and founder of the annual prizes.

One of the most successful recruiting firms in recent years, LPL again finds happy hunting grounds at its rival giant in the independent brokerage channel.

The industry's growth has set records in the number of firms, client assets and M&A deals. These firms stand out from their peers, though.

The Federal Trade Commission says it's weighing a likely appeal of the ruling.

Floating rate deals could spell the end of a golden age for direct lending.