Bank of America's overall roster of wealth advisers slumped to 18,855 in the third quarter, down 8% from a year earlier.

According to charges filed by the Justice Department and the SEC, New Jersey–based b/d and investment advisor Kenneth Welsh used clients’ funds to buy gold coins and precious metals.

For the right firm, the high price tags are appropriate given the growth trajectories. 'If you can acquire a firm and increase the profitability and make them grow faster, you can pay more,' said David DeVoe, speaking at the DeVoe & Co. 2021 M&A+...

The order concerning Lexion Capital Management comes one week after the commission claimed a Syracuse-based firm failed to file and deliver its form to the SEC and clients.

David Vaughan, who had been with the Advisor Group subsidiary for 27 years, has joined Axos Clearing as chief financial officer.

Oak Hill Advisors, one of the biggest players in alternative credit, oversaw $53 billion as of July 31.

Think about the needs and current financial situations of the clients you want to attract for the long-term.