The membership organization for fee-only advisors will now allow for a de minimis amount of commission business, as long as it's relinquished.

Advisors who said they don't have enough time with their clients spend an average 41% more time every month than peers on compliance, administrative and other 'non-value-added' tasks, according to a new J.D. Power survey.

UBS is trying to retain many of Credit Suisse's wealth managers, along with the client relationships they oversee.

The IRS found the organization spent too much time devoted to social and networking activities.