Industry

According to the firm’s two recent quarterly filings, Raymond James has reached “a settlement in principle” with the commission’s Enforcement Division, including a $50 million fine.

MDL Wealth represents the eighth team to join Journey since its inception and establishes its presence in the Tampa area.

In recent earnings calls, both alternative asset managers provided updates on their respective products as they plan to enter an increasingly crowded playing field.

F2 Strategy's co-founder and CEO provides his take on the most important wealth management technology news of the last month.

Jen Roche, who was instrumental in steering Osaic's rebrand, will join LPL Financial's communications and public relations department.

The addition of Ari Hadida, who joins from Valor Advisors, is part of CV’s strategy of building a single-family office at scale.

Alberto Francis is leaving Bank of America Private Bank to form Rockview Private Wealth through LPL’s high-net-worth-focused employee affiliation model.

Financial advisors view the market correction as a normal course of events and a good buying opportunity. “Market volatility is my best friend,” one advisor said. “This is an opportunity to show clients why they pay us a fee, to navigate difficult...