Schwab blamed an “issue created by a software enhancement” for erroneously transferring $1.2 million in February to the Fidelity account of Kelyn Spadoni, rather than the $82.56 she had requested.

San Francisco–based advisor Kristin Bartlow and her team bring $180 million in client assets to Journey Strategic Wealth, a new spin on the aggregator model, from Northwestern Mutual.

Ameriprise will buy the EMEA asset management business for $845 million, all in cash.

The commission's Division of Examinations said it had found examples of 'potentially misleading statements' concerning ESG processes, according to a recent risk alert.

Four former Bank of America Merrill Lynch advisors launched an independent practice via LPL's new Strategic Wealth Services affiliation model.

Some legal experts say RIAs are not doing enough to comply with the new rule, especially when it comes to rollover advice.

We get to choose for whom we serve as allies, but creating equitable and inclusive cultures requires us to be so for everyone.

The mergers, acquisitions and advisor moves you may have missed that were announced the week of April 5–9, 2021.