Robinhood 's chief legal officer, Dan Gallagher, is a leading contender for Securities and Exchange Commission chair under a second Donald Trump administration. Unnamed former senior regulators, ...

The firm is positioning some of its subsidiaries as succession-planning destinations and getting more traction and interest from RIAs seeking supported independence models, according to CEO Mike ...

The latest round included participation from several members of its board of directors, as well as existing investor The Charles Schwab Corp. and new investors BlackRock and J.P. Morgan Asset ...

Cetera has also been steadily recruiting advisors from rivals in recent weeks, including a team from Osaic overseeing $269 million, a team from UBS overseeing $400 million, and a husband-and-wife team ...

The firm’s proprietary technology enables it to “iterate exceedingly fast,” according to Chief Executive Officer Jamie Price.

Wells Fargo is on the hook for more than $1.4 million to a financial advisor it fired two years ago. Harry Pappas, Jr., who's been in the financial services industry since 1985, joined Wells Fargo ...

Forty-eight percent of Americans don't hold any investments in stocks, bonds or mutual funds, Janus Henderson found in a survey of 5,010 Americans aged 18 and up. The survey was fielded June 28 to ...

Last week, the arbitrators ordered Stifel to pay the Delucas a total of more than $4 million in compensatory damages, which included interest, as well as $9 million in punitive damages, $1.1 million ...

Commonwealth has also added UMA capabilities to PPS Select, "giving advisors "the ability to allocate as a manager of portfolios," Essele told the audience. UMAs "offer a truly personalized investment ...

Rick Wurster plans to follow the course set by current CEO Walt Bettinger, which includes boosting lucrative services such as financial advice and loans, per The Wall Street Journal.

Edward Jones, which has long focused on serving a core of mass affluent clients, is piloting more capabilities for its 19,500 or so advisors to serve high-net-worth clients, according to Managing ...

The biggest driver of change in the RIA space is technology, cited by 43% of advisors, well ahead of regulation, cited by 22%; clients, cited by 18%; and the advisors themselves, cited by 17% as the ...