Jon Henderson has broken away from Merrill Lynch and is launching a new, independent RIA called Echo45 Advisors in Walnut Creek, Calif.

Even as new Schwab executive Tom Bradley tours the country reiterating the firm’s commitment to the sub-$100 million advisor, larger RIAs say they too are concerned with service levels and technology downgrades in the wake of the Schwab...

Ben Harrison, Pershing's head of business development and relationship management, will take over CEO duties on June 1.

As U.S. stocks surged on Monday, Robinhood's brokerage website experience a system-wide failure.

While SPY took the biggest blow of ETF outflows during last week's volatility, 43 other ETFs actually gathered net new money of $100 million or more.

Antonia Chion spent 32 years with the SEC, and most recently helped supervise a settlement with Wells Fargo Clearing Services and Wells Fargo Advisors Financial Network that included a $35 million penalty.

With uncertainty around how custodians will service smaller advisors going forward, shuttering the RIA and affiliating with a larger platform seems to be a better option for many sub-$150 million advisors.

Former Fidelity executive Matthew Chisholm joins to help lead its RIA division.