Industry

Wall Street firms from Bank of America Corp. to Morgan Stanley said they’re focused on longer-term client relationships instead of just boosting stock-trading activity.

Mercer Advisors' recent InvestHERs Summit did more than just provide lip service to the issue of women in finance, writes Jessica Caruso.

Financial planners are more caught up in the day-to-day activities of running a business, rather than what’s ahead, according to a new survey by SEI and the Financial Planning Association.

Are private equity owners compatible with a registered investment advisory firm’s fiduciary duty? Dynasty's Shirl Penney urges caution and incites some strong reactions.

Boston's pension fund is the latest to yank money from Fisher Investments after Ken Fisher's vulgar remarks.

The third-annual report from the regulatory agency cited common violations at FINRA firms, as well as typical tendencies that could potentially escalate into violations.

Speaking at the eMoney conference with President of Fidelity Institutional Michael Durbin, Fidelity's billionaire chairman said her firm, which does not sell order flow, can compete on better trade execution.

The two financial advisors with I.M. Wealth Care claimed LPL's tech options, including its ClientWorks platform, made it a logical partner.

The state of Michigan and Philadelphia Board of Pensions have severed their ties to the embattled money manager.

The amended complaint follows an action filed in Denver in late August, charging Cetera with breaking its fiduciary duty to clients.