A source told StreetInsider.com that Schwab is among the bidders for LPL Financial, while a source told WealthManagement.com that the firm is not interested in getting into the IBD space.

Advisor Group, the b/d network recently acquired by Lightyear Capital, has named UBS veteran Jamie Price as its new CEO. His first order of business? To listen to advisors and baseline the firm.

The election made Morgan Stanley the best performing of the six largest U.S. banks so far this year

Deutsche Bank appealing to next gen investors, Private Advisor Group recruits Johnson & Associates and MoneyGuide Pro boosts its aggregation tools.

Luxury condos in Manhattan outpace the S&P, advisors are overconfident on multi-generational wealth transfer and Michael Mahoney moves from Morgan Stanley to Snowden Lane.

I’ve noticed a frightening new trend among strategic acquisitions around the country: the misalignment of liability and value.

Wells Fargo Advisors may have been affected by the bank's improper sales practices scandal.

Merrill Lynch launches ad campaign featuring its commitment to the DOL rule, Millennials are too cash-strapped to buy a home and Strategic Insight acquires BrightScope.

Ahead of the DOL rule, LPL has standardized brokerage mutual fund commissions, and later this month, the firm will add more no-transaction fee funds to its corporate advisory platform, it announced Wednesday.

IBDs and RIAs are gobbling up new assets, Cetera is putting out its own technology tool for DOL rule compliance and Orion is launching an interactive training course.