The deal, announced Thursday, comes with a promise the firm's management team will remain intact and advisors will be incentivized to stay.

Asset management fees are falling, but the cost to investors remains 'stubbornly high,' said Morningstar CEO Kunal Kapoor at the opening of the research firm's annual investor conference in Chicago.

The Swiss multinational investment bank continues to face compensation claims from brokers after shuttering its U.S. banking unit in 2015.

Speaking on a wealth management panel at Anthony Scaramucci’s SALT Conference, executives pointed to the influx of capital from investors outside of the industry driving up valuations of RIA firms and accelerating the pace of mergers and...

The announcement comes several months after Oros became the CEO of the registered investment advisory firm, which will become a member firm of the traditionally broker/dealer-focused advocacy organization.

The firm’s new account opening system, out this summer, will reduce the number of fields clients have to fill out by 25 to 35 percent, making transitions speedier.

Massachusetts Secretary William A. Galvin alleges Janney Montgomery Scott didn't properly supervise a broker who frequently bought and sold high-fee mutual funds to boost his commissions.

The enhanced program includes a valuation tool powered by Truelytics and a promise to buy an advisor's book of business if no one else will.

Regent Peak Wealth Advisors' five-person team will join Dynasty from Merrill Lynch, after managing more than $450 million in client assets.

Advisors who use Morningstar Office Cloud can access the model portfolio platform at no extra charge; 13 asset managers are participating, including American Funds, BlackRock and Vanguard.