Industry

Sanctuary Wealth has attracted Rodolfo 'Rudy' Rake, a former tennis pro turned financial advisor.

During a panel at FINRA's annual conference, Executive Vice President and Chief Legal Officer Bob Colby said the agency is speaking with SEC staff about the extension.

Ted Pick, the architect of Morgan Stanley’s trading revival, and Andy Saperstein, who built the company into a wealth-management powerhouse, were tapped as co-presidents.

Edelman Financial Engines has acquired its first RIA since its merger.

The new act would help victims of securities violations get some money when they have not received full payments, and includes higher awards for 'vulnerable persons.'

Over the next three years, as many as 700 positions are expected to be eliminated in Switzerland alone, with the bulk at the corporate cost center and about 200 between wealth management and the bank’s Swiss unit for personal and corporate banking.

Dynasty Financial Partners joins Mariner Wealth Advisors in putting Eaglebrook Advisors' SMAs for digital assets on their investment platforms.

Moneta, a $27 billion RIA headquartered in St. Louis, is the latest firm to bring trust company services in-house; observers say it's unlikely to be a widespread trend.

PIABA urges FINRA to establish an Investor Advocate position to ensure valid customer complaints are not expunged from brokers' CRDs.

Merrill Lynch advisors will have exclusive access to the designation for a year before the College for Financial Planning opens up the course to others.