“I’m still skeptical about cryptocurrency and Bitcoin,” said one senior industry executive. “What’s underlying it?”

Switching clients’ mutual funds is well-established industry practice to generate commissions charged to clients.

Robert Swagger told clients he was investing their money into a streaming company for faith and family-friendly media projects.

GWG Holdings and its bond issuance have been at the center of bankruptcy, litigation, and more. This is InvestmentNews' complete coverage.

A.G. Morgan Financial Advisors and two executives recently lost four FINRA arbitration cases brought by their clients.

When reached for comment, Blue Owl co-president Craig Packer wrote to InvestmentNews: "The assertion that the merger is currently being considered for revival is false."

Meanwhile, UBS to lay off 58 in New Jersey early next year.

Move over Dave Ramsey. Here come Kingdom Advisors.

"In general, it's a tough time to be a BDC right now," one senior industry executive said.

'Tis the season for wirehouses to roll out pay plans, known as grids, and sing their praises to tens of thousands of employee financial advisors.