Patrick Donachie

The second annual report released by the regulatory agency showed that the number of registered representatives entering the industry rose for the first time in several years.

Moves by Schwab and TD Ameritrade to eliminate commissions look great on the surface, but advisors know there’s no free lunch.

Lake Avenue Financial's CEO Alex Chalekian will also become Integrated Partner's Head of Practice Acquisitions, focusing on inorganic growth and internal succession planning.

The Greater Boston Chamber of Commerce is sending an email to members today to stir opposition to Massachusetts Secretary of the Commonwealth William Galvin's proposed fiduciary rule, according to the Boston Globe.

The settlement offer between the commission and Founders Financial Securities comes a day after 16 firms were ordered to pay restitution to clients for similar faults.

Private Wealth Advisors alleged that the two breached contract by using the firm's information to build a new business, according to the Pennsylvania Record.

The SEC mandated that 16 firms recoup investors after they failed to disclose issues with investments in higher-cost class share mutual funds, and penalized one additional firm further for failing to self-report.

BMO advisors put clients into proprietary mutual funds to boost their own revenue without telling clients about their own financial gain, according to SEC claims.