Cambridge Investment Research, Securities America and J.W. Cole Financial failed to see the risk as reps sold options-laden 'short-vol' LJM Preservation and Growth Fund to investors, according to the regulator.

Advisory firms must make the choice to cultivate cultures that nurture diversity, equity, inclusion and belonging, and implement structures and systems to hold each other accountable, writes Lazetta Rainey Braxton.

The timeline for integration remains unchanged, but advisors may not retain the service teams they're used to.

Eddie Welch, who will take over the company's WM business, was the co-founder and CEO of Alabama-based RIA Welch Hornsby, which was added to Captrust last October.

The new 'hybrid firm' is the latest in the growing trend toward states opening up law firm ownership to nonlawyers.

Narrated by Bank of America's digital assistant, Erica, the interactive reports pull from technology released in August.

The judge overseeing the sentencing of Anthony Diaz said he showed little remorse during his Jan. 2020 jury trial.

A succinct summary of mergers, acquisitions and movement in wealth management for the week ending March 26.

Michael Barry Carter pleaded guilty last July to fraud for making unauthorized fund transfers out of client accounts.

Over the next five years, JPMorgan will partner with various historically black colleges and universities to offer students resources and information about careers in wealth management.