Some go up, some go down. Asset-weighted average fees across all U.S. mutual funds and ETFs fell from 0.64 percent in 2014 to 0.61 percent in 2015, according to a new report from Morningstar. But the research firm suggests the decline is not ...

The financial services industry has had nearly three full weeks to digest the final fiduciary rule from the Department of Labor, and firms are quickly putting plans in place to comply...

Despite the trouble its parent company RCS Capital (RCAP) is currently undergoing, Cetera Financial Group announced Wednesday that one of its member firms, Cetera Advisor Networks, recruited Empire Asset Management group, a hybrid practice...

RCS Capital filed a pre-packaged Chapter 11 bankruptcy for the holding companies of some of its broker/dealers on Saturday. The move is meant to restructure the holding companies’ terms with RCAP creditors, which filed its own bankruptcy in Janua...

Today’s best offices of supervisory jurisdiction deploy professional business consultants, guerrilla marketing and innovative transition strategies to large pools of independent brokers. 

MetLife said goodbye to its insurance agents this week, with the announcement to sell its Premier Client Group to MassMutual for about $300 million. The move could lead other insurers to divest their captive broker/dealers, as they focus their...

MetLife will sell its U.S. advisor force to MassMutual Financial Group for about $300 million, the company announced Monday...

MetLife is in discussions to sell its U.S. advisor force to MassMutual Financial Group, the company announced Thursday morning. No timetable has been set for an agreement, MassMutual said in a statement. MetLife has 4,000 advisors, according to...

He always puts on a good show. | Copyright Bill Pugliano, Getty Images. The largest shareholder gathering in the United States will reach a global audience this year as Berkshire Hathaway plans to webcast its annual meeting for the first time...

RCS Capital filed for Chapter 11 bankruptcy on Sunday night in Delaware after reaching agreements with a majority of its creditors. According to the complaint filed in Delaware bankruptcy court, RCS Capital has less than 50 creditors. The comp...