In the months preceding his exit, Bernier, "encouraged" by LPL, gathered confidential client information for the purpose of soliciting those clients after his move to LPL, according to the complaint ...

A strategic hiring approach sets apart the top RIAs, Schwab said: 60% of top-performing RIAs have a documented employee value ...

The percentage of investors mixing DIY and professional advice has risen by about 10% over the past five years, the survey found, while those who are strictly DIY with zero outside help is off 8% over ...

Raymond James is facing a lawsuit from dozens of investors accusing the firm of failing to warn them and regulators about one of its former financial advisors in Jacksonville, Florida.

Wealthtech giant Orion has reached an agreement to acquire advisor technology provider Summit Wealth Systems. Summit, ...

The Consumer Financial Protection Bureau, which faces a major overhaul under the administration of incoming President Donald ...

Between January 2017 and at least December 2018, at least 22 UBS Financial Services registered representatives or ...

Merrill Lynch has agreed to pay $4.9 million to settle a complaint accusing the wirehouse of failing to pay overtime to ...

In a counterclaim, Raymond James and the advisors accused Baird and 10 Baird advisors of defamation, trademark infringement ...

Edward Jones, Osaic and Cambridge Investment Research were ordered to collectively pay more than $8.2 million in restitution ...

Morgan Stanley 's E*Trade is planning to roll out mutual funds that will be free for its customers, according to news reports ...

A barred broker in Wisconsin has been sentenced to two years in prison for running an investment-fraud scheme after his ...