Industry

The agency claims it needs additional tools and resources from Congress to properly regulate the burgeoning industry.

After 35 years in the industry, financial advisor Ric Edelman is stepping back from his day-to-day duties at Edelman Financial Engines.

While LPL has had a custody offering for more than a decade, the firm has spent the past two years investing in it and making it more attractive to fee-only advisors. Now the firm is ready to take it to market with hopes its 'white-glove' service...

Protective Life combines its independent wealth management and insurance distribution subsidiaries to form Concourse Financial Group.

Charles Schwab's original timeline for completing its TD Ameritrade integration was in the first half of next year. That won't happen, according to the firm.

Jeremy Holly is leaving after 18 1/2 years at LPL to lead M&A efforts for SageView Advisory Group, an RIA recently acquired by Aquiline Capital Management.

Founder Conor Delaney says LPL was beginning to compete with his firm in supporting independent advisors.

The mergers, acquisitions and advisor moves you may have missed the week of May 31 to June 4, 2021.

Centaurus Financial did not self-report 12b-1 fees charged to clients during an earlier amnesty period, prompting the SEC to levy the fine over conflicts and undisclosed revenue-sharing agreements.

Thematic funds also come out ahead; Bob Doll joins faith-based asset manager; State Street CIO retires; and Nuveen adds portfolio managers on both coasts.