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Asset managers have lately begun changing tack in their attempts to woo financial advisors, offering more of what they call “thought leadership”—educational content and tools that help advisors run their businesses—rather...

In 2005, Frank Martin, founder of private, independent RIA Martin Capital Management in Elkhart, Ind., wrote an essay in his annual report to his clients called “The Perfect Storm,” which warned of a potential financial crisis related...

LPL Financial (NASDAQ: LPLA) reported record revenues in the second quarter of $894 million, a 13.1 percent gain from the year-ago quarter, and record asset levels of $341 billion, 23 percent higher than the second quarter of 2010. . Second...