United Capital Financial Advisers has recruited a 23-person team managing $2 billion in assets, the firm’s largest onboarding since its founding in 2005. The team, based in Denver, Scottsdale, Ariz., and Tucson, Ariz., was formerly with...

Number of advisors with the wirehouse now down to less than 7,000

Raymond James changed policy and told its advisors Monday that the firm, not the advisor, would pay all of the rebates due to clients who were wrongly sold more expensive classes of mutual funds over the past five years. The change comes just a ...

U.S. Representatives Pat Tiberi (R-Ohio) and Ron Kind (D-Wis.) reintroduced a bill this week that would allow small business owners to deduct up to $500,000 in office equipment, property, and computer software. While these levels were...

Merrill Lynch is rolling out a new training program for advisors to help them understand the needs of an aging population...

Raymond James sent notices to some of their advisors on Monday requiring them to give back fees they collected from selling a certain class of mutual fund in retirement accounts and charitable trusts...

As women make strides towards equality in the workforce, many are taking over as their household’s primary income earner. Eileen O’Connor, the managing principal and co-founder of Hemington Wealth Management, says this shift presents a...

Though the closure rate of FINRA-registered broker/dealers is slowing down, the number of firms is expected to decline from 4,154 at the end of last year to 3,800 by the end of 2016, said David Alsup, founder of Fishbowl Strategies. Regulatory an...