Chairman Ben Brigeman will serve as interim chief executive while a search for a permanent CEO is conducted.
These next-generation leaders are raising their voices and gaining influence over financial advice regulation and legislation.
Donor giving was up $700 million from 2017 despite tax uncertainty.
Investment Adviser Association works to preempt bias toward passive funds in retirement legislation.
Bulk of the outflow occurred at Allianz unit Pimco.
Advisers wonder what the lack of a formal brokerage agreement means from a regulatory standpoint.
His struggle to attract assets shows how low fees and passive investing have brought star managers back down to earth.
Sources say Kestra is being valued at between $600 million and $800 million, about eight to 10 times EBITDA.
Fixed indexed annuities are an insured asset class unto themselves.
Leon LaBrecque's deliberate venture into succession planning landed him and his 1,400 clients in a good place.
IBD agrees to repay customers $1.9 million in addition to a $225,000 fine
The pursuit of talent has advisory firms rolling out structured career training, job skills, even CE credits.
Arbitration claim accuses well-known adviser of actions that resulted in excessive fees.
Floyd Powell received $104,000 in commissions from the transactions.
Green Square Wealth Management was formed earlier this year.
Group will open office for firm in downtown Cincinnati, Ohio.
Strategic Financial is based in Hauppauge, N.Y.
Bigger cash weightings reveal a preference for safety over returns as the bull market ages
Enhanced level of accountability is necessary to weed-out bad actors that tarnish industry and harm investor confidence.
Passive mutual funds, ETFs and smart beta funds held $2.93 trillion in assets in Q4.
