An AdvizorPro study found that more than one-quarter of registered investment advisors are multicustodial. Registered investment advisors are opening to newer custodians as they seek multiple partners ...

Mary Erdoes, head of J.P. Morgan’s asset and wealth management business, intends to continue in that role regardless of who takes over Jamie Dimon’s job, sources said. This story originally ran on ...

The advisor put 96% of one client's liquid net worth into the speculative bonds issued by GWG Holdings, according to Finra. The Financial Industry Regulatory Authority has sanctioned a former ...

UBS is shuttering parts of its digital wealth offerings just months after company leadership indicated a "rebalance" from its ultra-high-net-worth comfort zone toward a larger pool of clients ...

Goldman Sachs is on the hook for close to $1.5 million over allegedly misreporting billions of trades to the Consolidated Audit Trail database.

Hub International said its valuation is now seven times higher than it was 12 years ago following the sale of a stake to several firms led by T. Rowe Price Investment Management.

With a widely anticipated shortage of financial advisors approaching, registered investment advisory firms face a difficult choice: Change how they find talent or risk falling behind. RIAs and ...

The public comment period on the Financial Industry Regulatory Authority 's proposed updates to its rules governing brokers' outside business activities closed on Tuesday, capping a particularly ...

The Securities and Exchange Commission should not have proposed "a series of highly prescriptive rules" related to cybersecurity, Commissioner Mark Uyeda said Tuesday. "Let's try and not be the ...

Newly minted Raymond James Chief Executive Officer Paul Shoukry is reassuring affiliated advisors of the firm's commitment to independence amid increased consolidation in the industry.

The private markets fund J.P. Morgan Chase 's asset and wealth management unit launched less than two years ago for individual investors has now passed $1 billion in assets, according to The Wall ...

The Financial Industry Regulatory Authority has sanctioned and fined Webull Financial over the manner in which the company was represented on social media and a string of other alleged violations.