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Wirehouse advisers pile into euro-stock ETFs
Currency-hedging ETF strategies are a no-brainer: Merrill Lynch portfolio manager
Morgan Stanley reaps benefit of comp changes in Q1 earnings
A decline in compensation expenses in the first quarter helped the wirehouse hit its 22% profit margin target three quarters ahead of schedule. (Don't miss: The 6 highest-paid B-D executives)
Merrill seeks to be leader on fiduciary
John Thiel's outspoken support of a best-interest standard and the Labor Department's effort puts pressure on peers. (See also: DOL proposes controversial fiduciary rule)
Merrill Lynch's John Thiel urges colleagues to work with DOL on fiduciary rule
At least one major industry player is taking a more welcoming stance toward working with the Labor Department as it seeks to create a rule that would hold brokers to a fiduciary standard when dealing with retirement plans.
Wirehouses still attracting adviser talent
Despite increasing options in the independent space, majority of adviser moves are still among the big four.
Brokerage executives enjoying steadily increasing payouts
As markets thrive and wealth management becomes a focus at major firms, brokerage execs like Morgan Stanley's Greg Fleming enjoy bigger paydays.
Fired $1.3B Merrill broker speaks out
A 33-year veteran,Thomas Buck won't fight the wirehouse's allegations and is looking to move on after his sudden, unexpected termination
NFL star Dwight Freeney sues BofA, adviser for $20 million
Dwight Freeney accuses the firm and adviser Michael Bock of leading him into a massive scam. (Plus: 7 athletes who say they were duped by advisers)
Exclusive: Morgan Stanley plans to sell adviser data to fund companies
ETF managers may look to broker-dealers to 'lower the veil' covering advisers.
Merrill fined $2.5 million for supervision violations in Massachusetts
Training session did not include discussion of fiduciary requirements when commission-based assets are moved to fee-based accounts
Morgan Stanley shuffles leadership in wealth unit
Co-head of global capital markets, Raj Dhanda, to lead investment products and services.
Investors see few benefits of lower fees in adviser-sold investments
Managed accounts sold by advisers deflect trend toward lower-fee money management as brokers work to maintain profits: Cerulli.
SIFMA claims White House figures on DOL rule flawed
A new paper by the organization concludes $17 billion estimate of lost retirement savings not substantiated.
Finra raps UBS, Vanguard with fines totaling $850,000
Firms failed to disclose some brokers' bankruptcies and other issues to regulators.
Morgan Stanley suppresses 'Hunger Games' video
Charges InvestmentNews violated copyright laws by posting it on its website