RCS Capital is following through on its promise to launch a research division with the hiring of two alternatives analysts.
Vanguard Group, the third- largest U.S. provider of exchange-traded funds, has asked regulators for permission to open actively-managed ETFs.
After variable annuity sales plunged in 2012, expectations are high for the coming years for new players and higher sales.
The commission is committed to moving forward on a uniform fiduciary standard for advisors and broker-dealers and also expects to finalize money market reforms by the end of the year.
Bill Gross questions whether he is truly a great investor as he ponders his legacy in a new era of shrinking bond returns in his April investment outlook.
Young Americans not only have little loyalty to banks, but many also believe that traditional financial institutions are on their way to irrelevance, a new survey shows.
Treasuries fell for a fifth day, reversing earlier gains, before the U.S. government sells $64 billion of notes and bonds this week.
While acknowledging discrepancies between BrokerCheck and state reports, FINRA says it is right to exclude some information and that other "missing" information is in fact included.
LPL Financial says the pace of new advisors affiliating with the firm has slowed from the levels of late 2013 "in part due to disruptive weather."
People underestimate the chances of dying from likely causes, like heart failure, while overestimating the chances of dying from an unlikely cause, like murder. This can cause big mistakes in retirement planning.
A "sunset program" for soon-to-retire advisors is already underway at some banks. But there is still much to be done, industry executives say.
In particular, the commission is looking for cases when advisors trade on behalf of clients without written disclosure and consent, or fail to process a trade on the most favorable terms for their clients, says an enforcement division co-chief.
Raymond James is on a recruiting spree, poaching million-dollar teams from Merrill Lynch and Wells Fargo, and now grabbing a UBS team with $1.9 million in production for the company's Charlotte, N.C., office.
Investors are having a change of heart about U.S. consumer stocks, a sign their optimism about Americans' discretionary spending remains intact even after a January selloff.
Unity Bank, a subsidiary of Unity Bancorp, has opened a new division that will offer a wide range of investment products and services aimed at helping customers to grow and preserve wealth.
Thousands of Credit Suisse Groups U.S. clients still dont know whether tax authorities will learn their identities as prosecutors work to conclude a three- year probe of how the bank helped them evade taxes.
Household wealth in the U.S. increased from October through December, as gains in stock portfolios and home prices boosted Americans' finances.
OCC bank examiner says banks have given their programs too much latitude and need to reclaim a more active role in oversight.
Deciding when to claim Social Security is one of the biggest financial decisions your clients will ever make and you need to be able to frame the discussion properly in order to help.
The advisor groups advocating for SEC vs. FINRA oversight of the RIA sector are turning their lobbying efforts away from the House.