LPL Financial says it has lured a team of financial advisors from rival Ameriprise. The team, which also includes client service associates Rhonda Kirk and Maren Green, manages about $300 million in ...

Ameriprise on Tuesday filed a complaint against LPL, advisors Jared Roskelley and Kyle Robertson, and Registered Client Associate Matthew Tinyo, requesting a temporary restraining order pending ...

When asked about the policy in a Wednesday town hall meeting, Dimon — who has been a vocal opponent of working from home, even in the middle of the Covid-19 pandemic — was blunt: "Don't waste time on ...

Last month, Wilson said that while he was worried about the first six months of the year, based on the "decisively negative" correlation between the S&P 500 index and bond yields, he thought equities ...

LPL Financial is working to "out-invest" its rivals in terms of the capabilities it offers independent advisors, according to CEO Rich Steinmeier. "We're investing in capabilities at a level that I ...

McKinsey estimates that, at current productivity levels, the advice industry will have a shortage of 90,000 to 110,000 advisors, representing 30% to 37% of the current head count, by 2034. To address ...

The DOL, which has been working on various versions of the fiduciary rule for 15 years now, filed a notice to appeal the stays in September.

Securities and Exchange Commission Acting Chair Mark Uyeda wants to delay oral arguments over the commission's climate-related disclosure rule as the agency reconsiders its approach to what he called ...

Wells Fargo last announced its advisor count in January 2023, when it reported a total of 12,027 advisors and its first quarterly uptick in its advisor ranks since 2017. The bank thereafter ceased ...

Many financial services firms compete with Morgan Stanley in specific lines of business, but no competitor has the scale and synergy across all channels to match Morgan Stanley, Co-President and Head ...

The industry's self-regulator fined James Iannazzo $50,000 and suspended him for two years for violating what one dissenting panel member said was a "catch-all" Finra rule.

Raymond James ' incoming chief executive officer, Paul Shoukry, has pledged to preserve advisors' ownership of their client books.