According to a source, BofA boss Brian Moynihan vetoed John Thiel's plan to cut the Merrill grid by 2 percentage points.
The debate over professional designations comes to a head, as NAPFA announces it will only accept the CFP designation.
Finra is once again looking to change some of its membership rules. The first go at making some revisions -- floated back in 2010 -- was not exactly cheered by reps.
Improved financial markets and retention pay cited as reasons for keeping brokers at wirehouses
Some advisers recommend it to clients, but others want the idea banned
New office in Melbourne, Fla. is the firm's 28th location
Only in a courtroom will S&P's actions in rating mortgage-backed securities in the lead-up to the 2008 financial crisis be fully disclosed.
With tax issue settled, it's time for financial advisers to help clients re-evaluate their plans
Massachusetts Secretary of the Commonwealth William Galvin urges SEC to consider banning the use of such agreements by registered investment advisers
BlackRock Inc.'s iShares is reviewing its contracts with index providers in light of The Vanguard Group Inc.'s switch to flat fees for licensing indexes.
After unit's restructuring, Rieder and Holt to take over.
Research Affiliates' Jason Hsu warns about too much nominal weath and two few goods
After Q4 hiatus, firm adds Philly area team managing $650M in assets.
Joseph Sullivan has served as Legg Mason's interim boss for five months. Now that he's been given the job permanently, the company's new CEO faces a tough slog.
Before they can expect to get a reasonable number of referrals, advisers need to ask some tough questions about themselves
As Nemo approaches, Bruce Kelly reports that a dark patch also appears to be gathering over B-D owner -- and media darling -- Anastasios 'Tommy' Belesis.
It's Inauguration Day for President Barack Obama. In his second term, expect more Terminator than conciliator.
Miniscule percentage of households have put money into college savings account, GAO finds
Some market watchers say equity investors are too complacent about risks, but new indicators back the bulls
