by
Hannah Levitt, Christine Dobby
The bank's shareholders meeting comes as the firm contends with a probe into its anti-money-laundering controls.
by
Paige Smith
The Westlake, Texas-based firm reported $4.74 billion in net revenue for the three months though March.
by
Ben Mattlin
Few in the advisory industry view the fiduciary proposal as a cure-all.
by
Jennifer Lea Reed
Shannon McLay decided early in her career that the size of her clients' bank accounts didn't matter.
by
Christopher C. Williams
Altruist Cash allows advisors to offer clients an annual percentage yield of 5.10%, the custodian said.
by
Christopher C. Williams
Hightower says Lars Knudsen was violating his post-sale agreements and creating a hostile work environment.
by
Christopher Williams
Telos Investment alleges Hightower breached its contract and poached its clients to inflate its potential sale price.
by
Loukia Gyftopoulou
A decade into her reign, Johnson is reasserting control over the fund giant's London outpost. Heads are rolling.
by FA Staff
Paul Shoukry, the firm's chief financial officer, will take the CEO reins from Paul Reilly in fiscal 2025.
by
Philip Palaveev
Staff turnover has an insidiously harmful effect on advisory firms.
by
Tracey Longo
Advisors need to guard against emotional decisions by clients, they said.
by FA Staff
The deal, which is expected to close in the first quarter, will create a $31.5 billion AUM RIA.
by
Jennifer Lea Reed
The leading financial network rolled out new offerings of every stripe to keep advisors coming.
by
Silla Brush
Fidelity had $28.2 billion in revenue in 2023, up 12% from $25.2 billion the prior year.
by
Emily Graffeo
“We just want to see how they work in the markets,” said Rob Pettman, head of LPL's wealth management solutions.
by
Jennifer Lea Reed
The firm's 2023 report on U.S. advisors also found headcount at wirehouses and independent B-Ds shrank.
by FA Staff
Advisors can transfer majority or minority ownership stakes in their businesses to the new firm.
by
Jennifer Lea Reed
The new Traverse City, Mich., RIA will be a full-service planning and advisory firm.
