Industry

Amid all the other Washington drama, the Investment Adviser Association held a Lobbying Day to discuss the fiduciary rule, advisor exams, cybersecurity and more.

Financing—in the form of a five- to seven-year loan—will now be available to new teams affiliating with the firm.

Goldman's deal with Fidelity is the latest sign that Chief Executive Officer Lloyd Blankfein is looking for ways to expand the private wealth business.

New leaders Buckley, CIO Davis to chase global growth as McNabb steps down.

Lawyers for the former employee, Gary Sinderbrand, must give court authorities a disc that one of the lawyers said contains the names, Social Security numbers and account balances of tens of thousands of Wells Fargo clients

And the winners are…

The SEC chair raised concerns with the Department of Labor's proposed rule during an appearance at the U.S. Chamber of Commerce.

Ameriprise reported record client assets and wrap-account inflows, as well as improved advisor productivity, despite changes to 12b-1 fees in response to the DOL rule.

The direct investment shows the company’s dedication to the fast-growing ESG research space.