The Daily Brief

With recent alleged scandals, his retirement could pave the way for more of the bank’s brokerage business to move to Wells Fargo Advisors division under David Kowach.

The host of late night’s “The Rundown with Robin Thede” is developing a new TV series about a financial advisor.

It’s the latest announcement from the group separating from LPL and launching its own brokerage next spring.

Advisors using Black Diamond will be able to see and share content on Box’s cloud content management platform.

The Canada-based automated investing platform is paying Skylar Diggins-Smith and Mikal Bridges with investment portfolios.

With the latest addition, Mercer now has over 30 offices across the country and more than $13 billion in assets under management.

Douglas Simanski raised more than $3.9 million from his clients, who believed he was investing it on their behalf. Instead, he pocketed the money.

The move will make it easier for Stonebridge Financial Group to acquire other practices.

The regulator reported 108 standalone actions against investment advisors/investment companies this fiscal year, compared to 82 in the prior year.

AdvicePay co-founders Michael Kitces and Alan Moore say there’s the potential for the more than 6,000 advisors on TD Ameritrade Institutional to get paid faster.