Santander bank creates a wealth division, peace of mind No. 1 among investors and some advisors providing money therapy to wealthy families.

SEC Administrative Law Judge Carol Fox Foelak ruled that while Tilton and Patriach did not make it easy for investors to find information, "they also did not conceal - omit to state - material information."

Analysts were largely positive on the prospects of folding FolioDynamix clients and capabilities into Envestnet.

The plan sets out three tax brackets for individuals -- 12 percent, 25 percent and 35 percent, down from the existing seven rates. But that’s not firmly set, as congressional tax-writing committees will be given flexibility to add a fourth rate...

It’s the latest firm to get out of the b/d business and join a larger entity as an independent branch.

“How can you expect companies to do the right thing when your agency has not?” U.S. Sen. Sherrod Brown asked.

Morgan Stanley fined for failing to supervise sales of UITs, Penn University wins dismissal of retirement plan lawsuit and Focus financial helps member firms merge.

Millennials view investing in companies as charity, Morgan Stanley offers advisors sustainable investing training and Washington Trust adopts SEI's Wealth Platform.

Mark Wiedman, a BlackRock senior managing director, donated $2,700 to the presidential campaign of Ohio Governor John Kasich.

Alleged frauds ensnared billionaires Michael Dell, Paul Tudor Jones.