Phillip W. Conley could face up to 20 years in prison for portraying himself as an investment advisor to raise funds from about 18 victims, according to the Justice Department.

Independent broker/dealers are expanding their affiliation models, with many following advisors into the fee-only RIA space—does it signal the end of the IBD as we know it?

The firm is the latest charged with failing to oversee reps who recommended early rollovers of unit investment trusts (UITs) that left clients saddled with higher sales charges.

There have been nearly 125 ETFs that changed their underlying indexes since 2018. That means advisors relying on past performance are incorrectly focused on the old rule book.

Morgan Stanley is broadening its approach to wealth management with E*Trade providing inroads to new markets, like workplaces and legions of self-directed investors.

Centaurus Financial did not self-report 12b-1 fees charged to clients during an earlier amnesty period, prompting the SEC to levy the fine over conflicts and undisclosed revenue-sharing agreements.

Nuveen's former chief equity strategist, Bob Doll, has joined Crossmark Global Investments, a boutique faith-based investment management firm, as chief investment officer.