Industry

Registered investment advisors added nearly 30,000 nonclerical employees in the last year, up 16% over the past five years.

Robert Paolini of Paolini Advisors will align with Independent Advisor Alliance, and joins LPL Financial from FSC Securities.

The move brings the company one step closer to introducing semi-transparent active ETFs.

The man continued to sell annuity contracts, even though he was no longer licensed to sell insurance or securities, according to allegations by the Massachusetts Secretary of the Commonwealth.

The announcement is the newest move by Atria, a wealth management holding company founded by Doug Ketterer, a former Morgan Stanley executive.

The agency will revisit its 'rules that were adopted in the absence of a best interest standard,' said FINRA head Robert Cook.

The network, founded and led by Michael Kitces and Alan Moore, filed suit in New York's Southern District, claiming the SEC's Reg BI would give an unfair competitive advantage to brokers over registered investment advisors.

Data from XYPN members shows that focusing on a specialized client niche is an accelerant to advisor’s revenue growth.

At FSI's 2019 Forum, SEC Chief Counsel of the Division of Trading and Markets Emily Westerberg Russell addressed how broker/dealers should think about conflict-of-interest disclosures, and whether the SEC would preempt more stringent state rules...

Attorneys general from seven states, including New York and California, along with the District of Columbia, argue that the SEC's rule doesn't protect investors as mandated under Dodd-Frank.