The news of employees being let go at the Chicago-based firm follows reports last week that Orion and advisor tech firm Envestnet also faced layoffs.

Justin Maher agreed to a 12-month suspension for not informing Northwestern Mutual of his involvement in co-founding a crypto asset eventually promoted by Kim Kardashian, Paul Pierce, Floyd Mayweather Jr. and other celebrities.

Creative Planning announces its first acquisition since it agreed to buy Goldman Sachs' Personal Financial Management business.

Yet another broker/dealer network updates its brand. The firm also hired Rob Engle as its new chief revenue officer.

Massachusetts Commonwealth Secretary William Galvin fined the company $750,000 for the alleged lapses.

All thanks to AI.

The trio of advisors is joining the IBD via its employee advisor channel to launch PB FAM Private Wealth.