TD Ameritrade saw 95 breakaway brokers sign up last quarter, bringing average initial assets of $30 million each to the custodian platform, Chief Executive Fred Tomczyk said today after the parent company reported record revenue and record new...

Father-daughter advisor team Martin Gelb and Sonya Gelb Choeff have jumped ship to Raymond James in Miami Beach, Fla., from Morgan Stanley Smith Barney, as the fight for talent continues.

Do you want to know how your pay stacks up against that of your peers? With major regulatory changes coming, retention packages forgiving and recruiting bonuses at all-time highs, we can expect some interesting trends in advisor compensation this...

Morningstar may have some competition in the marketplace for evaluating mutual funds. Putnam Investments rolls out its new FundVisualizer today, an open-architecture tool that allows advisors to research and compare over 10,000 mutual fund and ETF...

Continued growth in client trading and fees helped drive profits at Charles Schwab Corp. to higher-than-expected levels for the first quarter, the company said today. Meanwhile, assets in its RIA unit, Schwab Advisor Services, reached a record ...

Bank of America’s Global Wealth and Investment Management (GWIM) division, which includes Merrill Lynch, reported its highest earnings since Bank of America’s takeover of Merrill in late 2008, as asset management and brokerage fees...

Advisors and investors are turning to mutual funds with more flexible mandates to cushion their portfolios against the unknowns. During the first quarter, $12.2 billion went into global flexible funds, compared to $8.9 billion in the fourth...

HOUSTON – A public finance lawyer who has handled transactions for municipalities, counties and school districts, among others, joined Fulbright & Jaworski L.L.P. today as a partner. Marcus W. Deitz joins Fulbright’s Houston office from...

New research confirms marketers’ dissatisfaction with their current strategies;looking for new solutions from publishers NEW YORK--(BUSINESS WIRE)--On the heels of research with over 4,000 executives indicating 60 percent are dissatisfied with...