A COO's role differs with each firm. That makes evaluating their performance all the more complex.

The DOJ and SEC filed parallel actions against Isaiah Goodman, arguing he used investors' funds for personal expenses and made "Ponzi-like payments" to new investors.

For vendors, virtual conferences stink.

According to the SEC complaint, the defendants would raise funds from clients without investing them, and would often use them to pay for personal expenses.

Transition options should be viewed as a spectrum, not a black and white choice.  

Advisors who accepted Merrill Lynch’s succession agreement are now realizing how stuck they really are—serving as a cautionary tale for others nearing retirement.

Despite raising capital from investors for six years, Fraud Guarantee never developed any insurance products or sold policies to investors and never generated any revenue, according to the SEC.