The Morgan Stanley–recommended law firm that represented the transitioning advisors told them their nonsolicit agreements with Schwab were unenforceable, according to their lawsuit against the lawyers.

The Financial Planning Association launched a new knowledge circle to focus on issues unique to the Asian American and Pacific Islander communities.

The firm added its first ever chief data and analytics officer and its first chief marketing officer since 2013, among other leadership hires, in an effort to bring more coherence across the business lines.

The SEC claims Ronald Frank Stevenson and Jason P. Wootten unlawfully sold securities in EquiAlt, which has been accused of operating a $170 million Ponzi scheme.

Cynthia Hewitt shares her story of struggling as one of the only female advisors in the industry in the 1970s, and what prompted her to return after two years in retirement.

Kestra is looking for better ways to prevent trust assets from going out the door, with the help of its in-house trust company, Arden.