LPL Financial's chief executive talks about the challenges created by the proposed fiduciary rulemaking

Wells Fargo reported record net income of $4.9 billion in the third quarter, but results in its wealth, brokerage and retirement business were less exciting.

Recruiting into the independent broker/dealer channel has not materialized as people thought this year, but new research from Cogent says that may soon change.

You call that social media? Canned Tweets are boring—not social.

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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.

In the wake of the implosion of many non-traded REITs, non-traded business development companies (BDCs) have emerged as a relatively new structure that is getting a lot of attention. But with high up-front fees and limited liquidity, some say they...