Industry

However, the Labor Department stressed that there would be "related guidance" released in the coming days, and would continue to research how the fiduciary exemption could be improved.

The new service, out of its pilot stage, is now available to all LPL advisors and promises to shorten the time it takes them to complete acquisitions from six to nine months to 60 to 90 days.

Paul Pitsironis allegedly stole more than $400,000 from clients to pay casino gambling debts and credit card bills, according to U.S. Attorney's office.

COVID-19 didn’t kill the wholesaler; the digital marketing-communications revolution did. 

Brown Wealth Management’s acquisition of Truuwater Financial forms a $1.2 billion in AUM San Diego firm.

Independent advisors are gaining ground on their bank-based peers when it comes to loans and cash management tools, improving the client relationship—and keeping those assets closer to home.

Cetera's acquisition of Voya's financial planning channel is expected to moderately increase the firm’s leverage, but not enough to change S&P Global Ratings' credit outlook.

The Investments & Wealth Institute is readying the launch of a financial professional community open to both IWI and non-IWI members.

The cuts are part of Schwab’s “continuing efforts to reduce overlapping or redundant roles across the two firms,” according to a company spokeswoman.

For vendors, virtual conferences stink.