Ralph Hamers received $13 million for his second full year in the job while the overall bonus pool for the rest of the firm was cut 10% to $3.3 billion.
As a management tool, compassion is hard to execute and easy to love.
The regulator releases an update to an exam sweep probing how member firms tout themselves on social media.
LPL's disclosure follows a crackdown by US regulators on financial firms' failure to monitor employee communications on messaging apps.
As an advisor's client base grows, more of their time is spent servicing existing clients, which leaves little time for finding new ones.
Michigan-based Innovia Wealth concentrates on entrepreneurs who are on the brink of striking it rich.
Su, who would become the first Asian American Cabinet secretary in Biden’s administration, would replace Marty Walsh.
For the last six years, Lindsay Hans has headed Merrill's Northeast and Mid Atlantic Divisions. She succeeds Don Plaus, who's retiring.
Some cities have far higher ratios of personal financial advisors to adult inhabitants than others.
TIAA announced the hiring of Shamila Rajaratnam from the Vanguard Group and Jim Mullery from Prudential to round out its retirement solutions leadership team.
Julian Lopez will focus on LPL's relationships with independent advisors.
Financial advisors can play an active role in the success of student athletes with name, image and likeness deals, but they need to speak the language of their young clients.
The SEC and the CFTC are looking at the bank's retention of employee communications related to the use of unapproved messaging apps, it disclosed in a filing.
The service aims to help RIAs and breakaways with organizational structure, compensation and entity design.
Clients are being advised to build up their cash positions, reduce equity risk and load up on high-quality fixed income.
Laidlaw & Co., with eight branch offices and 75 registered reps, was fined $200,000, according to Finra.
What the numbers say about advisory jobs in a potential downturn, according to an InvestmentNews Research analysis of Bureau of Labor Statistics data.
As long as wealth management firms can continue to attract and retain knowledgeable and empathetic individuals, financial advisors should always have a job.
Two types of worrisome trends emerge in the app landscape that financial advisors must watch out for.
A relatively smoother ride in the financial markets this year should allow advisors and their clients to breathe a sigh of relief.
