According to the SEC, the affiliated broker for Kestra Advisory Services and Kestra Private Wealth Services received compensation when clients' assets were invested in certain mutual fund share classes.

The unit of Boston-based asset manager Fidelity Investments Inc. plans to add about 100 workers in technology and operations in Dublin, Boston and Salt Lake City.

Bang Si-hyuk is worth about $3.2 billion after his company announced it April the acquisition of the company behind worldwide stars Justin Bieber and Ariana Grande.

The advisor moves and acquisitions you may have missed the week of July 5, 2021.

The SEC argued that Westport Capital Markets and its owner, Christopher E. McClure, had 'generated significant undisclosed compensation' to the detriment of their clients.

HUB International will expand its retirement and private wealth division with the purchase of TCG.

Wirehouse advisors reported lower levels of support and greater levels of business disruption over the last year compared to non-wirehouse and independent advisors, according to a J.D. Power survey.

As part of the revamp, the department has been renamed 'field supervision,' and the firm has promoted Steve Palmer, a first vice president of sales supervision, to lead it.