For advisors pondering whether the certified financial planner designation is worth the time and expense to obtain, a new report by Aite Group in Boston suggests the answer is yes...

Dallas-based Milkie/Ferguson, which sold Provident Royalties, has closed up shop and moved its 26 brokers over to Berthel Fisher & Company.

The tougher realities facing financial advisors four years after the crash are taking a toll, new data from Cerulli Associates shows. The total number of advisors across all channels dropped 2.3 percent last year to 316,000, with the independe...

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LPL Financial added advisors and assets during the second quarter, but investments in new initiatives and acquisitions dragged down earnings.

While most insurance firms have been selling off their broker/dealer subsidiaries, AIG has reportedly emerged as the most likely buyer of Woodbury Financial Services. But reactions to the potential deal were mixed.

Advisor count continued to rise at Ameriprise Financial in the second quarter although productivity notched lower due to market volatility that hurt trading, the firm said today...

Morgan Keegan is adding to Raymond James’ bottom line, but the combined firm’s advisor count and assets came in slightly below expectations.