Chicago-based Jim Walesa and New Jersey-based Rivertan Financial Group, led by Ke M. Dao, bring more than $370 million in combined assets to Arkadios.

Two investors go after their brokers and firms, but this is likely just the beginning of a wave of litigation to come.

Virginia's State Corporation Commission's ban on advisors using mandatory arbitration clauses in advisory contracts went into effect this week, but the rule is likely unenforceable.

Rockefeller Capital Management has agreed to acquire Financial Clarity Inc., a Mountain View, California-based multi-family office that oversees $2.3 billion of assets.

A significant number of investors are putting retirement goals at risk to help their adult children and aging parents; women investors are more likely to make the sacrifice.

The analysts see opportunities for LPL to grow its fee-based advisor channel and newly created independent employee channel.

The regulator alleges that the firm improperly charged advisory fees on retail accounts that had been inactive at least a year and charged excess commissions on brokerage client investments in unit investment trusts.

It's not just millennials, all generations of Americans struggle with responsible financial behavior, according to a new report.

Bluespring Wealth Partners has announced the acquisition of $800 million AUM RIA Beacon Financial Group of Texas.