Wirehouses

The enhanced site allows advisors to alter certain components of their profiles at will -- though not their disciplinary history.

Even as the SEC is contemplating an expansion of fiduciary rules to include broker-dealers who operate in the retail space, some advocates argue that the regulatory interpretation of the responsibilities under a fiduciary standard has strayed from common-law precedent and become dangerously diluted.

Bank of America Corp.’s Merrill Lynch brokerage won final court approval of a $160 million settlement of a lawsuit in which it was accused of denying black financial advisers the same opportunities as their white counterparts.

Planned changes to the advisors’ compensation include an increase in the production hurdles on its cash grid.

At first, using social may take a bit longer as you get comfortable, but once you master the tool it will become second nature and will likely become your most powerful marketing and client engagement tool.

The firm plans to reward advisors who team up to focus on goals-based planning.

Deutsche Bank AG and Royal Bank of Scotland Group are among six companies fined a record 1.7 billion euros ($2.3 billion) by the European Union for rigging interest rates linked to Libor.

The overall advisor population has been sliding -- and a new study finds that only one category of advisors is expanding to fill the gap.

The firm sweetened awards for financial planning and increased pressure on its lowest producers.

The SEC asked Morgan Stanley about “multiple significant deficiencies” in its financial reporting after the firm corrected accounting errors involving loan cash flows, income taxes and derivatives contracts.

After holdings of U.S. debt surged to a record $1.89 trillion in 2012, lenders from Citigroup to Bank of America and Wells Fargo are culling for the first time in six years and amassing dollars.

Assets have nearly doubled for direct-investing platforms, but wirehouses still reign.

In case you missed them, here are the five most popular, well-read and shared stories of November from On Wall Street.

MBIA agreed to insure a $1.16 billion pool of mortgages without its employees reading a report the bond insurer now claims was altered to hide flaws in the loans, JPMorgan Chase’s lawyers told a judge.

UBS AG, the world’s biggest wealth manager, is targeting millionaire clients in oil-rich Nigeria and Angola as Swiss rival Credit Suisse Group AG withdraws from some African markets.

Dubai, which teetered on the brink of default in 2009, is cracking down on misconduct at its financial center to safeguard its position as a business hub.

Bank of America exceeded $15.06 yesterday, the price on the day before Brian T. Moynihan became chief executive officer almost four years ago.

Advisors must jumpstart the conversation or retirement planning could suffer, say executives at Bank of America Merrill Lynch.

Switzerland’s third-largest wealth manager said its gross margin declined as it absorbed Merrill Lynch businesses it agreed to acquire from Bank of America last year.

The firm is seeking regulatory approval to make financial advisors dual employees of its bank subsidiary in addition to the broker-dealer as it increases mortgage lending, a person briefed on the matter said