Industry

Sigma's corporate RIA recommended higher-priced mutual fund share classes that charged 12b-1 fees, the SEC alleges.

The Sudol Group manages about $300 million in client assets and primarily works with clients who are 'transitioning to or already in retirement,' according to advisor Mark Sudol.

The firm said it will have transitioned a dozen teams to its fee-only channel by the end of January.

Annuity Suitability Working Group hopes to complete revisions in the coming months in time for the NAIC's Fall 2019 National Meeting in Austin, Texas.

Fintech providers and RIAs looked into the future and found that data is key to building a better business for advisors during a Wealth Management Industry Awards Technology Roundtable discussion.

Chicago-based Jim Walesa and New Jersey-based Rivertan Financial Group, led by Ke M. Dao, bring more than $370 million in combined assets to Arkadios.

Two investors go after their brokers and firms, but this is likely just the beginning of a wave of litigation to come.

Virginia's State Corporation Commission's ban on advisors using mandatory arbitration clauses in advisory contracts went into effect this week, but the rule is likely unenforceable.

Rockefeller Capital Management has agreed to acquire Financial Clarity Inc., a Mountain View, California-based multi-family office that oversees $2.3 billion of assets.