Coming from Merrill Lynch, financial advisors David Towers and Jason Capron joined Wells' Private Client Group in Syracuse, New York. The team, known as the Towers Capron Group at Merrill, has $1.6 ...

By Bloomberg's count, which includes its own reporting and analysis of FedScope data year-to-date, the SEC has been the least affected, shedding fewer than 300 staff this year, while the FDIC lost ...

The Financial Industry Regulatory Authority has barred an ex– Merrill Lynch financial advisor who left the firm earlier this year amid allegations of having misappropriated a client's funds.

Financial services industry lobbying group Finseca doesn't believe that a repeal of the estate tax, being floated yet again by Republicans and supported by more than 200 groups, is the best solution ...

Cetera is bringing an artificial intelligence-powered meeting assistant for its more than 12,000 financial professionals.

In 2024, Merrill brought back its Advance Education Symposiums for the first time post-pandemic, a firm spokesperson said. The symposium is a three-day seminar typically conducted three times a year ...

The most recent hire is R. Brennan Barlow, who joins LPL's broker-dealer, registered investment advisory and custodial platforms just outside of Dallas in Flower Mound, Texas, the company said in an ...

Ancona, a 24-year veteran of the industry, claims that she was a "top performer" and had an "exemplary" employment record, but that her performance was undermined by Olivier Guerin, who at the time ...

Though advisors still widely use asset-based fees, flat-fee models are also growing in popularity, an AdvicePay report found. Financial advisors are increasingly turning to subscriptions and other ...

Charles Schwab & Co. and two of its TD Ameritrade subsidiaries have been ordered to pay a total of more than $250,000 plus interest to resolve an investor claim against a former financial advisor ...

The Securities and Exchange Commission concluded its investigation into Morgan Stanley 's cash-sweep program without recommendations for enforcement action, according to the firm's quarterly filing to ...

RIAs will also be able to enroll in several Goldman evergreen funds simultaneously via iCapital's platform, "reducing friction and complexity for end clients," Lawrence Calcano, chairman and chief ...