The Department of Labor’s fiduciary rule could lead to more firms merging or getting acquired in 2016. A new report from Fidelity Investments tracked M&A transactions in the wealth management industry in 2015 as well as the first month of 2016...

When Envestnet gave an outline of how it plans to generate a return on the $590 million investment it made to acquire data aggregator Yodlee, the Chicago-based wealth management technology company said one strategy would be to sell Envestnet&rsquo...

Almost half of financial services firms involved in individual retirement accounts say they’ll hire extra help or redirect resources to comply with the Labor Department’s fiduciary rule. While the industry may not immediately feel the impact o...