The $26 billion deal, if approved, would put Schwab on equal footing with the wirehouses, and put pricing pressure on the upper levels of wealth management. Smaller advisors beware.

Slater—financial advisor, New Jersey native, Springsteen fan—brings podcasting, and the art of conversation, to UBS.

The changes, which include increased payouts for advisors at retirement, could keep more reps in their seats.

The Financial Industry Regulatory Authority ordered the brokerages to pay restitution to clients allegedly sold more expensive share classes in 529 college savings plans.

The team will run Snowden Lane's 11th office location out of Chicago.

Kirstin Hill is managing director and strategic performance executive for Merrill Lynch Wealth Management.

Founder and bitcoin advocate Bruce Fenton believes all assets will eventually be tokenized, according to CoinDesk.com, and has registered a broker/dealer with regulators to let advisors trade the assets for clients.

The acquisition of NorthView Asset Management is another step in an active year for Sanctuary Wealth, which has added $3 billion in managed assets since June.

The good old days of charging 1% solely for a portfolio of mutual funds are officially over, and that's good news for the right type of advisor, says First Ascent Asset Management's Scott MacKillop.

Discount brokerage firms are cracking down on their own advisors who have jumped ship for other firms or independence.