The merger brings overall assets under management at the combined firm to $340 billion.

The regulatory agency also announced a conference detailing how brokers, firms, leaders and regulators should prepare for the implementation of the SEC's rule next year.

The fee-based world is looking a lot like the old brokerage world in some disturbing ways.

"Money in Motion" will offer advisors the chance to track inflows and outflows, and set their own designed benchmarks for performance, according to the clearing and custody provider.

Financial advisors will be able to customize client portfolios to address particular values-based concerns, according to the asset manager.

Ameriprise also welcomed a financial advisor with $168 million in assets under management after more than two decades at Merrill Lynch.

A new report from the Spectrem Group shows millennials of different ages react differently as to why they would not retire.

The news comes during a year in which the technology platform provider announced several partnerships and integrations, including with Focus Financial and First Rate.