Clients are using tax refunds to pay down debt, not invest; Ameriprise gains team from Wells Fargo and MainSource Banks acquires Indiana investment firm.

San Antonio, Texas-based Investment Professionals will be folded into a new channel of advisors dedicated to banks and credit unions.

“It’s going to be a little rough in here for the mutual fund industry, but this is like a kidney stone. It’s going to be painful for a year, year and a half, but it will pass, and the next thing you know we’ll be off to the races.”

Chief Judge Barbara Lynn of the Northern District of Texas issued the ruling hours after the Justice Department asked her not to, pending a new review ordered by the Trump Administration.

A new report chastises 25 brokerages and insurance firms for marketing their employees as advisors, while eschewing that term in legal filings against the DOL.

Several brokerages named top places to work for LGBTs, HighTower adds a team from UBS and W.R. Berkley launches insurance products for the high net worth.

Deutsche Bank appealing to next gen investors, Private Advisor Group recruits Johnson & Associates and MoneyGuide Pro boosts its aggregation tools.

A new analysis by the Institute for the Fiduciary Standard found that the Form ADVs of nine large financial services firms, including Edward Jones and Merrill Lynch, have more conflicts of interest than those of the 135 registered investment...

Making that first million is always the hardest, but for millionaire retirees, it's not that big a deal, according to a new Ameriprise Financial survey. The study, of 432 millionaire retirees, found that 40 percent felt that passing seven fig...