Industry

UBS is setting up a new unit specifically for rich clients who require investment banking services.

Fidelity finds increase in AUM and AUA year over year.

Some shareholders of Ladenburg stock argue that the firm failed to disclose material financial projections and that the Advisor Group deal undervalues their shares.

Whittenburg Wealth Partners has about $475 million in assets and will join Stratos Wealth Partners, which offers support for LPL-affiliated firms.

The SEC charged two attorneys, a divorce lawyer and securities lawyer, with fraud.

Kristin Lemkau will become chief executive officer of the business, U.S. wealth management, and report to Gordon Smith, head of the consumer bank.

A new FINRA report analyzed the investment knowledge of more than 2,000 respondents with investments in nonretirement accounts.

Jon Goldstein, the founder and CEO of Goldstein & Associates, said the firm was joining Arbor Point Advisors to broaden opportunities for clients, including expanding the breadth of the firm's tech options.

AdvisorShares launched an ETF with a similar ticker symbol to ETF Managers Group and ETFMG is not cool with it.