Financial Services Cloud aims to combine tools such as calendar notifications, portfolio rebalancing, financial planning and client communication into a single, cloud-based portal

Merrill Lynch announced this week that it’s planning to develop a new team of specialized advisors for international clients, and will narrow the pool of foreign clients it serves by imposing higher asset minimums and focusing...

Cetera Financial Group has hired away AIG Advisor Group’s David Ballard to serve as its chief operating officer in a move that sets up the firm for future growth through scaled operations and additional acquisitions...

What wealthy investors think when working with advisors

Are proprietary products an endangered species in the IBD world?  Or did they just morph into more complex platforms?

The former CEO of Royal Alliance came out of retirement on Friday to launch an independent, New Jersey-based firm that will act as a super-OSJ in partnership with First Allied Securities...

CLS Investments and Riskalyze teamed up Thursday to launch an automated asset management platform to help financial advisors scale their services for lower-end clients. Advisors can plug the new platform, called AutoPilot, right into their websi...

What day is it? Training day. Training Magazine announced this week that Edward Jones took the No. 17 spot on its Training Top 125, a list of the companies across all industries in the U.S. that have the best employee learning and developmen...

Lisa McAlister, American Realty Capital Properties’ former chief accounting officer, filed a $50 million lawsuit in accusing former ARCP Chairman Nicholas Schorsch of ordering her to manipulate quarterly financial results. But in a statement rele...

Nicholas Schorsch has stepped down from his role as executive chairman and director of American Realty Capital Properties, the non-traded REIT sponsor he co-founded. Schorsch remains a majority shareholder in the company. He will also no longer s...