Reynaldo Figueredo made the move to the division of Raymond James based on its client-centric culture and boutique feeling, and is the sixth advisor to join the division's Miami office this year.

The leadership changes come just days after Charles Schwab closed its acquisition of TD Ameritrade.

The proposed rule would enable individuals to solicit accredited investors on behalf of issuers. Supporters say it can help small businesses raise capital. Critics worry it will lead unprepared investors into less transparent markets.

Larry Sprung, based in Hauppauge, N.Y., and managing $58 million in client assets, will join Carson Group as a partner.

Just days after completing the purchase of E-Trade Financial Corp., Morgan Stanley's latest acquisition will bulk up the firm’s asset-management arm.

Jeff Dekko's Wealth Enhancement Group said Thursday that it has acquired its second New York RIA in a month, 10-15 Associates, with $933 Million in AUM.

When advisors were asked to keep physical distance from clients and colleagues, they turned to social media more than ever before.