Practice Management

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.

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 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.

Successful financial advisors know what their clients really think about them. Period. With that in mind, we talked to Karen Davis, a former television executive and current broadcast journalism teacher in Miami, about her experiences.

Stifel and BMO will pay $2.7 million and $1.95 million, respectively, in penalties.