Halah Touryalai

The NYSE has issued a release advising investors to be careful about following their brokers to new firms at a time when there’s been a big jump in the number of advisors moving from one brokerage house to another.

Citigroup has agreed to pay a record $98 million to past and present advisors to settle their overtime-pay claims.

John Taft, chief executive of RBC Dain Rauscher, is aiming to have to 2,500 brokers within five years, and sees acquiring another brokerage unit as one of the way to reach his goal.

A labor lawyer, armed with depression era law that was originally intended to protect blue-collar workers, is threatening Wall Street's age old compensation structure. Do you deserve to be paid overtime? Sick of...

For advisors who haven't considered long-term care insurance for their clients, now might be a good time to take a look.

This may be remembered as the year advisors found out that even their wealthiest clients were worried about long-term health care costs.

Asset-management firm, Legg Mason, announced on Thursday that its founder, Raymond “Chip” Mason, is stepping down as president.

The SEC has charged 11 more individuals in a fraudulent scheme involving the use of squawk boxes to front run institutional trades.