Gross, 74, announced his retirement Monday from his post at Janus Henderson Group Plc, the investment firm he joined in late 2014 after suddenly leaving Pacific Investment Management Co. that year.

A prominent advisor and the founder of an RIA operations network partnered to create a technology guidebook for firms changing hands.

It’s the next step toward the firm’s separation from LPL Financial.

While the IBD currently provides a way for advisors to drop their brokerage license, the firm is considering a new and improved model for fee-only RIAs.

The redesign is intended to bring clarity to the relationship between Carson Coaching, Carson Partners and Carson Wealth.

For the first time in a long while, advisors are singing the praises of the nation’s largest independent broker/dealer.

Bank of America is broadening eligibility for commission-free trades on stocks and exchange-traded funds to more than 5.25 million clients who are enrolled in its Preferred Rewards program.

David Frame will become chief of U.S. Wealth Management for JPMorgan Chase.