LPL Financial is offering its hybrid advisors up to $100,000 to shift their assets held elsewhere to LPL’s advisory platforms, according to an internal communication sent to advisors Wednesday. ...

Independent broker/dealer LPL Financial has been mired in regulatory issues over the last year. And it’s not over. Today, the Financial Industry Regulatory Authority sanctioned the firm and ordered it to pay $10 million for failing to...

UBS Wealth Management Americas’ second-in-command Bob Mulholland is retiring after 36 years on Wall Street, according to an internal memo sent to advisors on Tuesday. Brian Hull, who oversees strategic clients and partnerships at the firm...

UBS’ global wealth management business reported its best quarterly result since 2008 on Tuesday, with its U.S. arm generating record profits. UBS's net profit soared 88 percent and handily beating forecasts. The robust quarter seemed to justif...

Carson Institutional Alliance, Ron Carson's advisor support firm, is rolling out a new succession planning program, giving advisors a snapshot of the value of their practice starting on the day they join. ...

Despite reports that independent broker/dealers are hitting the wall with recruiting, Voya Financial Advisors has experienced a record-breaking first quarter. But the firm is not resting on its laurels, instead, it’s looking to launch a...

In keeping with the firms’ previously announced strategy to cherrypick the best existing services at its broker/dealers and share them, Cetera Financial Group recently launched a rollout of a practice management and business development...

Ameriprise Financial is set to acquire Tampa-based JHS Capital in a deal that will add 150 advisors and $4.1 billion in client assets to the Minneapolis-based firm's balance sheet...

Amerprise Financial reported first quarter net income of $393 million, down 2 percent from a year ago and 8 percent sequentially on operating net revenues of $2.9 billion, up 3 percent year-over-year and down 2 percent from last quarter...