Wirehouses, independent broker-dealers and regional firms could see a shortfall of tens of billions of dollars a year under a possible new approach by the Securities and Exchange Commission to mutual ...

Just when it seemed Ameriprise and LPL Financial were making progress in their long-running legal spat over recruiting, a group of LPL financial advisors disrupted the peace.

The Consumer Financial Protection Bureau says it plans to rescind nearly 70 policy and regulatory guidance documents dating to 2011, according to Reuters.

Edward Jones reported solid growth in income for the first quarter of this year as its advisor ranks and client ranks grew.

The Investment Adviser Association has proposed a series of recommendations regarding the way the Securities and Exchange Commission prioritizes its work and changes its processes.

Finra plans to modify its heightened supervision plans for the 77 broker-dealers who reached such settlements with the SEC prior to 2025, according to a Thursday blog post by Finra President and Chief ...

The SEC had sought $2 billion in fines and penalties, but while U.S. District Court Judge Analisa Torres ruled in the commission's favor, she only ordered Ripple to pay $125 million. Both the SEC and ...

A veteran Merrill Lynch market supervision manager has failed in her attempt to expunge an old customer complaint from her record.

The company's advisor ranks stood at 29,493 at the end of March, which was 2.1% more than at the end of December and 28.9% more on a year-over-year basis, according to LPL's first-quarter earnings ...

Mercer Global Advisors announced the addition of two registered investment advisory firms and says it has now acquired more than 100 firms since embarking on its "inorganic growth strategy" nine years ...

UBS will discontinue two major pieces of its digital wealth offering in the coming months, the company said in its latest disclosure brochures filed with the Securities and Exchange Commission.

Raymond James, by contrast, provides "the best of both worlds" with the scale of more than 8,000 advisors domestically in its Private Client Group who collectively manage $1.5 trillion in assets and ...