Wirehouses still dominate the advisory market, but registered investment advisors and dually registered channels are gaining ground. According to estimates from Cerulli Associates, RIAs will increase marketshare to 28 percent by 2018 after having...

If the financial advisors want to tap into a largely underserved market with nearly $5 trillion in investable assets, they need to rethink the way they interact with female clients, says Sallie Krawcheck. The former president of Bank of Americas’...

Raymond James changed policy and told its advisors Monday that the firm, not the advisor, would pay all of the rebates due to clients who were wrongly sold more expensive classes of mutual funds over the past five years. The change comes just a ...

Failure has emerged as a welcome teacher in other industries, but not yet in financial services. Here’s how to learn from “the other F word.”

Confidence in financial advisors is trending in the right direction. | denis_pc/iStock/Thinkstock The latest LIMRA survey shows that not only do Americans have a more favorable view of the economy, but the financial services industry is also...

By Suzanne Barlyn (Reuters) - In April 2011, two years before their prices sank, a slew of bond funds that were being sold by UBS’s Puerto Rico arm appeared to its brokers to be such risky investments that they balked at promoting them to their ...

We’ve heard the story more than once: A young, swaggering stockbroker finds he has a knack for the business, makes more money than God, gets caught up in the libertine excesses of Wall Street’s glory days, then finds himself questioning the moral...