Industry

Michael A. Lorig suffered from depression and mental illness; the bank pressured him to retire rather than granting a long-term disability so he could be treated, according to the lawsuit.

Fraud indictments for financial planner and pastor over old Chinese bonds, millennials aren’t loyal to their advisors and what makes Edward Jones a great place to work.

Now is the time to divest from the gun industry.

Advisors at independent brokerages across the country are largely happy where they sit, as overall satisfaction with their chosen firms ticks higher and the average book of business expands by double digits.

High-net-worth millennials have more confidence than their older counterparts, Brown Advisory acquires Meritage Capital and David Canter is raising money for the Foundation for Financial Planning.

Merrill Lynch’s discount brokerage expects to have 600 investment centers in Bank of America branches by 2020.

She’ll serve as the brokerage’s chief supervisory officer.

Aegis Capital fined by the SEC and FINRA, Louisiana advisor pleads guilty to fraud and Envestnet introduces Quick Start offering for breakaways.

UBS is combining the regional teams responsible for managing products and services related to alternative investments, investment mandates and partnerships.