Industry

Attorneys for the SEC submitted a brief on Tuesday arguing that the lawsuit submitted by XYPN and several states fails to address how the rule will affect broker/dealers.

Data from Envestnet and Apex Clearing indicates that financial advisors and millennial investors who use robo advisors bought the dip last week.

Even as new Schwab executive Tom Bradley tours the country reiterating the firm’s commitment to the sub-$100 million advisor, larger RIAs say they too are concerned with service levels and technology downgrades in the wake of the Schwab...

In what many characterize as a retreat from a move toward more transparency, consumers will no longer be able to find an advisor’s compensation model on the board’s public-facing website.

Chris Graw and his five-member team are joining Carson Wealth's office in Cedar Rapids, Iowa.

After a hiatus, wirehouses seem to be back in the game—and some in a really big way.

If the SEC’s no longer able to seek disgorgement, it could leave 'a massive hole in the enforcement system.'

Morgan Stanley will still look for smaller purchases that could build up its asset-management unit, Chief Financial Officer Jon Pruzan said.