Open claims against the Iowa-based broker-dealer totaled $32.1 million at the end of 2022, eight times what it reported a year earlier, according to an SEC filing.
Investors’ happiness with their advisors took a hit last year as the stock market dived, according to J.D. Power’s annual survey.
An advisor’s plain-language explanation of financial system intricacies can help allay fears, keep emotions under control and inform better decision-making.
An expansive network of platforms and services has evolved that's designed to support breakaway brokers.
He is being replaced at Merrill Lynch by Lindsay Hans and Eric Schimpf, who have been appointed presidents and co-heads of Merrill Wealth Management.
Women achieve better results than men when they make direct investments.
According to the latest report from Schwab Advisor Services, RIAs need to jump on the growth train in order to keep pace.
If financial advisors don't seek the firm's approval, they risk running afoul of securities regulators, Cetera said.
The committee uncovered 'major violations' of the $2.6 billion plea deal Credit Suisse reached with the Justice Department in 2014, according to a report.
The agency's examinations found programs weren't tailored to business models and were inadequately funded.
The San Francisco-based Marchetti Porter Wealth Partners jumped ship over the weekend.
Lauren Taylor Wolfe, co-founder and managing partner of activist hedge fund Impactive Capital, has joined Envestnet’s board.
Some advisors are happy with the status quo, while others dislike the challenge of finding new clients.
James Andrus had been at the pension system since 2014 and most recently served as its interim managing investment director for sustainable investing.
Fintech firms are falling over themselves to court cash deposits, with both Betterment and SoFi announcing expanded FDIC coverage over the past week.
For financial advisors, artificial intelligence can lead to deeper insights as AI models parse massive data sets, seeking meaningful patterns and signals amid millions of data points.
Citi alleges Steven Taub is violating a 12-month nonsolicitation agreement and has already convinced clients to move more than $100 million.
Cultivating loyalty with both members of a married couple requires that the advisor follow the same approach that leads to a successful marriage.
Four people face federal indictments in the scheme, and the former advisor is being charged by the SEC.
The agency's document requests seek details on how firms monitor, review and retain 'off-channel' communications — all the way up to the senior executive level.
