Independent b/ds are on the hook for their reps’ behavior, even those thousands of miles away. A new compliance consultancy wants to help firms close that gap.  

Ladenburg Thalmann Financial Services has invested in Newday Financial Technologies Inc., a San Francisco-based investing startup that offers low-cost impact investment strategies aimed at millennials.

Richard G. Duncan knew the investment was likely a scam, yet he failed to let his clients know, the SEC claims.

The big banks, independent robos and other digital CFO offerings have a long way to go. But they are coming for you.

The asset manager said it’s seeking a head of ETF capital markets

Focus Financial Partners spent much of its second fiscal quarter earnings call Thursday addressing questions about the company’s leverage ratio.

The move comes as European rivals invest in wealth management while slashing tens of thousands of trading jobs.