Commonwealth is now structuring its forgivable notes for new advisors as basis points on the advisors' assets, rather than their production—another sign it continues to see itself as a national RIA.

Envestnet's investment in Ellevest comes as the automated advice platform surpasses $1 billion in AUM.

He confronted employees after a mistaken drink order sent his peanut-allergic son to the hospital.

The head of Bank of America’s private bank oversees a group managing customers ready to invest at least $3 million. Business is booming, she says.

Female advisors outinvest their male counterparts when it comes to marketing.

“These changes are about streamlining our wealth-management businesses and pulling product capabilities closer,” Merrill Lynch President Any Sieg said.

The commission will include five members who do not currently sit on the CFP Board’s Board of Directors, and its chair previously headed a task force that scrutinized the Board’s enforcement program.