Financial planning will continue to be an advisor-led process but Aite Group says firms are missing out on an opportunity to target other client segments.

Linda Pardini and Douglas Wulbrecht, who were previously with Wells Fargo Advisors, will report to the complex headed by Nathan Clakley.

Dodge & Cox and Charles Schwab Corp have the highest share of female portfolio managers, according to Morningstar Research.

The Springfield, Massachusetts-based insurer is working with advisers to evaluate a sale, a process that is at an early, informal stage.

As many advisors prepare to become free agents, they’re wondering what happened to the firm they expected to be their last and if it’s too soon to consider another.

There were more than 4,100 small firms registered with FINRA in 2013. Now there are 3,700.

The move is the latest in the commoditization of investing, pushing advisors to prove their worth and earn their fees in areas other than portfolio management.

Laura Thurow has been promoted to Director of Baird’s Wealth Solutions and Operations of the Private Wealth Business.

A NerdWallet study revealed that 44 percent of clients who were charged fees made changes to their account.

The SEC on Tuesday wrapped up its three-month public comment period on the proposed Regulation Best Interest.