A generation of millennials faces a slew of challenges in trying to save for retirement.
In a deal that could almost double its total revenue, J.W. Cole Financial, a Tampa, Fla., independent broker-dealer, announced Wednesday that it completed its acquisition of Financial Advisers of America.
Hedge funds returns have stayed lackluster this year, with the $2.3 trillion industry trailing the gains of the Standard & Poors 500 Index by about 10 percentage points, according to Goldman Sachs Group Inc.
Under a new program, advisors and relationship managers will team up to serve clients as equal partners.
The damage from Massachusetts latest action against sales of non-traded REITS by independent broker-dealers may not be fatal, but it should cause firms to reconsider their sales strategies, say industry observers.
Boutique and hybrid models are poised for growth as larger firms cede market share, according to a new Cerulli report
Rick Ketchum, CEO of FINRA, announced that the regulator will discuss a proposal at its board meeting in July that would require brokers to publicly disclose the compensation they receive when switching firms.
In 2012, bank holding companies earned a record $122.3 billion from their wealth management programs, up 3.3% from $118.4 billion in 2011.
Bank of New York Mellon is hiring as many as 100 people in its wealth-management unit as it seeks to counter lackluster earnings in other businesses.
VTL Associates, an independent investment advisory and consulting firm based in Philadelphia, has received an infusion of capital from Chinese venture capital firm, Suzhou Industrial Park Kaida Venture Capital.
There is a way to be invested in stocks that can help mitigate volatility: Employ an investment strategy that seeks to take advantage of global stock market inefficiencies to profit in both up and down markets.
Umpqua CEO Raymond Davis expects banks to focus on customer service and building smaller branches in the years to come.
After LPL Financial agrees to pay FINRA case, compliance expert says theres no legitimate excuse for email missteps.
With markets at near historic highs, investor confidence still lags. Both regulators and financial firms share the responsibility to do something about it, said Richard Ketchum, CEO of FINRA on Tuesday.
RBC Wealth Management picked up a former Morgan Stanley broker with $65 million in assets.
Salient Partners has made a new addition to its institutional sales team.
What will happen if 1994's sudden burst in interest rates repeats itself?
That is the question being asked by industry overseers and by investors who want to protect their commitments to fixed-income investments after four years of historically low payouts.
That year, interest rates on 10-year Treasury notes were hiked more than two points to nearly 8%. This jump slashed more than $600 billion from the value of U.S. bonds at a time when total market size
Federal Reserve Chairman Ben Bernanke took a break from current economic woes and uncertainties Saturday, looked into the future and found reason for optimism.
Former three-term Republican U.S. Senator Judd Gregg, the Securities Industry and Financial Markets Association's new chief executive officer, said Monday that he wants to improve the image of the industry and make sure Dodd-Frank rules are focused and not overly burdensome.
Hackers backed by China's military appear to have resumed a campaign of cyberattacks on U.S. businesses. The targets, which in previous attacks included financial firms, are thought to remain the same.