The SEC said the charged individuals worked in boiler rooms soliciting investors while they received commissions from sales of securities they were asked to promote.

The former CEO of Edelman Financial Services, Ryan Parker, succeeds John Bahnken, who is retiring.

As the pandemic stretches on, video is becoming an increasingly important medium for staying connected with clients.

The funding round included new players such as Fidelity International Strategic Ventures and Mouro Capital.

Stuart 'Stu' Malakoff joins Raymond James from Merrill Lynch.

LPL Financial expanded its St. Louis advisor force with the addition of Michael and Patrick O’Reilly.

NAPFA’s diversity and inclusion steering committee created a guide for advisors eager to hire diverse talent.

Merrill Lynch Wealth Management announced Thursday that nine-year veteran Steve Alch will head up the Southeast division, reporting to President Andy Sieg.

The wealth management team coming from CenterState Bank will help South State Investment Services supply financial advice to clients in states like Alabama, Florida, Georgia, Virginia and the Carolinas.

Brad East would join the company's Phoenix wealth management team. East has 30 years of experience in the industry and joins the employee-owned firm from Moors & Cabot.