Industry

LPL Financial adds Gatewood Wealth Solutions from Northwestern Mutual to its broker/dealer and corporate RIA platforms.

Interactive Brokers follows up IBKR Lite's September launch with fractional share trading for individual accounts; advisors will get the option in coming weeks.

Thomas M. Bowers was the direct supervisor of Deutsche Managing Director Rosemary T. Vrablic, who has been named as the private banker involved in President Trump's business dealings with the bank.

The investors claim that E*Trade promised to disclose the rate but didn’t disclose that certain securities were being designated hard to borrow until last month, and didn’t disclose what the estimated interest rate would be before trades were placed.

Any challenge would focus on the RIA custody business, analysts said, even as CEO Walt Bettinger downplays their market position. 'Folks are running away a little bit with these assumptions around percentage of RIA custody.'

An RIA in Pittsford, N.Y., is joining LPL Financial to leverage its growth resources and technology platform.

The accusations against Texas-based Brett Pittsenbargar follow Woodbridge owner Robert Shapiro’s guilty plea earlier this year.

Good advisors smartly allocate investment fees, not just assets. Here’s a yardstick that can help.

After acquiring TD Ameritrade, some say Schwab’s next move could be to charge for custody services. Fidelity already does.

We still teach some form of home economics in schools today. Why not finance?