An investigation by state securities regulators found the independent broker/dealer failed to prevent the sale of certain equity and fixed-income securities that may not have been properly registered in their domains.

Alleged mismanaged royalties are at the center of the conflict.

There were 208 asset management deals worth $21 billion in 2017, according to Sandler O'Neill & Partners.

The DOL missed the deadline to file for a rehearing in the Fifth Circuit Court of Appeals, meaning the Court’s decision to vacate the fiduciary rule stands.

HSBC Global Private Banking expands to Seattle, John Hancock plans a single, integrated platform for annuity customers and yacht chartering is booming.

The private equity firm plans to combine the robo investor for retirement plans with Edelman Financial Services.

Hellman & Friedman said it would combine Financial Engines with Edelman Financial Services.

Investors saved $4 billion last year thanks to lower fees, wealth managers are still too vulnerable to down markets and accounting firms partner on wealth management.

The SEC’s definition of the fiduciary “Duty of Care” makes any regulation difficult to enforce. It needs to offer a more concrete interpretation: one that focuses on the research upon which investment recommendations are based.

The independent broker/dealer is lowering a custody threshold so more advisors can take advantage of a flat-rate administration fee.