New York State Court of Appeals scales back $11 billion lawsuit against Credit Suisse.
Kara Murphy never thought she'd end up on Wall Street — or be in one of the World Trade Center towers attacked on 9/11.
Will try to determine whether more than 2,000 retirement plans are abandoned.
Plan sponsors are left out of the equation because they don't appear to fall within the definition of "retail" investor, legal experts say.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
At investor town hall in Atlanta, the agency's head urges clients to press advisers on fees
Firm betting tech will increase wallet share and move brokers towards financial planning.
SEC says firm employees misled customers into overpaying for RMBS debt.
'There is a huge opportunity for Aladdin to be the language of portfolio construction,' said BlackRock COO Rob Goldstein.
This month's edition kicks off with the buzz from the Envestnet Advisor Summit.
The proposed best-interest standard applies only to 'retail customers,' a definition that seems to omit broker recommendations to retirement plans. RIAs, though, are still on the hook.
Financial advisers should be explaining how they can help clients, rather than pushing products on them.
For different reasons, each says client-relationship-summary disclosure is flawed.
The sale would keep the platform in the LPL network, and could be used as a way to lure retirement advisers away from Independent Financial Partners.
The mutual fund giant was the largest shareholder of American Realty Capital Properties Inc. when it reported inflated financial results because of a $23 million accounting mistake.
Despite shifting tones from presidential administrations, advisers can still safely apply ESG factors in investment decisions.
Advisers must weigh pros such as ease and efficiency against drawbacks like client risk and less leverage.
Sean Aaron Brady failed to cooperate with Finra's investigation into the circumstances of his termination.
SEC offers favorable settlement terms through Monday to investment advisers who acknowledge they didn't use the lower-fee option available in a fund.
Now's the time for brokers and advisers to weigh in.
