Schorsch: Management shakeup part of cohesive overall plan

Merrill Lynch rolled out a new approach for advisors looking to help clients financially map out their retirement goals. Announced Wednesday, the Merrill Lynch Clear framework includes interactive iPad apps for advisors to use with clients client...

The firm's 7,113 financial advisors pulled in $2.1 billion in net new money during the first quarter...

Wealth management continues to perform well, even as bank reports loss stemming from litigation matters

The independent broker/dealer model may be holding some advisors back from growing into an enterprise

LPL Financial has named Bill Morrissey as its new managing director of independent advisor services, taking over for Derek Bruton, who stepped down last week due to concerns over his interactions with other employees...

The St. Louis-based bank beat analysts’ expectations Friday with a 14 percent annual rise in first-quarter net profit. But its Wealth, Brokerage and Retirement unit net income was down slighly and its advisor force fell by over 130 from last...

Just six weeks after Morgan Stanley tapped Shelley O'Connor to lead the firm's more than 16,000 financial advisers, the managing director sent a memo Tuesday streamlining upper management. The restructuring reduced the three geographic...