Registered Investment Advisers (RIA)
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Ex-Ameriprise adviser gets 7 years in the slammer for bilking clients
Breakfast with Benjamin: Susan Elizabeth Walker was sentenced to more than seven years in prison for taking over $1 million from clients' accounts.
HighTower Advisors adds $600M multi-family office to independent channel
Legacy Wealth includes two partners who formerly worked at Gibralter Private Bank and Trust of Coral Gables, Fla.
Advisory firm owners balance rewarding performance with keeping a lid on compensation
Firm owners attempt to balance rewarding adviser performance with keeping a lid on compensation. (More: IN's 2015 Adviser Compensation and Staffing Study special report)
$258M UBS team goes independent with Wells Fargo FiNet
$258M UBS team goes independent with Wells Fargo FiNet Curtis Rach and Jud Crary join established practice in Irvine, Calif. Oct 14, 2015 @ 1:06 pm By Laura Sanicola + Zoom (Bloomberg) A team of financial advisers have parted ways with UBS to join a Wells Fargo Advisors Financial Network practice
Women's rise to senior positions at advisory firms has stalled
Despite having less experience than women, men in the service adviser role, for example, were nearly twice as likely to have been promoted in the past year.
Advisers seek independence, but less often as entrepreneurs
Breaking away increasingly means joining an RIA, not starting one, Cerulli reports.
Commonwealth loses $650M firm to RIA channel
Commonwealth loses $650M firm to RIA channel D.B. Root & Co. had been an affiliate since 1997 Oct 6, 2015 @ 5:46 pm By Laura Sanicola + Zoom D.B. Root & Co., a firm affiliated with Commonwealth Financial Network that managed more than $650 million in client assets, has formed a registered
TD Ameritrade launches website to spur adviser advocacy
A leading custodian is trying to get advisers on its platform — and others in the industry — more involved in lobbying Congress on behalf of registered investment advisers.
A $525M AUM adviser joins Focus Financial Partners
Twelve-year-old shop becomes third Georgia-based firm to join the rollup, which has its eyes on the Southeast.
State securities regulators put out proposal to protect seniors
Proposal would clarify brokers' and advisers' responsibilities in cases of suspected elder abuse
Merrill loses $3.3 billion private banking team
A group of advisers formerly in Merrill Lynch's elite private banking and investment group have left the firm to start an independent wealth-management practice.Corient Capital Partners, based in Newport Beach, Calif., was founded by advisers Chris Copps, Gordon Hassenplug, Darren Henderson,
Seniors a 'bulls-eye' for scams uncovered by the states
Advisers can help elderly clients avoid being a target, securities regulator says.
Cantor Wealth loses third exec this year
Just as the two-year-old wealth management venture of Cantor Fitzgerald & Co. has been looking to regroup after a slow recruiting year and the departure of two top executives, a third senior executive has left.
Beacon Pointe Wealth scoops up $300 million East Coast firm
The Newport Beach, Calif.-based firm picks up TPW Financial in Boston to bring its assets to $1.4 billion.
Dawn J. Bennett charged by SEC with inflating assets and exaggerating returns
Agency says Dawn J. Bennett and her firm inflated numbers from at least 2009 to February 2011 to try and lure in clients to new firm.