The state is offering a retirement account option designed to provide a retirement solution for millions of its residents.

The Massachusetts-based advisor recommended his clients invest with Aequitas, but failed to disclose a loan he took out from the Lake Oswego, Ore.–based alternative investments firm that made a bad bet on student loans, according to an SEC claim.

The decision is another step towards getting class-action certification.

There's a foreboding sense that's there's always more bad news coming from Frankfurt.

The acquisition of John D. Dovich & Associates, a Cincinnati-based RIA with nearly $600 million in client assets, brings MAI Capital Management closer to becoming a national firm.

Despite thousands of jobs potentially on the chopping block at the bank, the firm is focused on "stable sources" of revenue, and likely to hire in the wealth management portion of the business.

The addition of Bender Financial Services Firm and Morgan Wealth follow several other additions to Carson Group in recent months

Warren Buffett said Monday he plans to donate $3.6 billion of Berkshire Hathaway Inc. stock to five charities while Walmart Inc. heir Jim Walton gave away $1.2 billion of the retailer’s shares last week.

Intellectual Capital Group recently moved their $800 million book of business from Ameriprise to LPL. Not without a few snags.