An AdvizorPro study found that more than one-quarter of registered investment advisors are multicustodial. Registered investment advisors are opening to newer custodians as they seek multiple partners ...

Mary Erdoes, head of J.P. Morgan’s asset and wealth management business, intends to continue in that role regardless of who takes over Jamie Dimon’s job, sources said. This story originally ran on ...

The advisor put 96% of one client's liquid net worth into the speculative bonds issued by GWG Holdings, according to Finra. The Financial Industry Regulatory Authority has sanctioned a former ...

Goldman Sachs is on the hook for close to $1.5 million over allegedly misreporting billions of trades to the Consolidated Audit Trail database.

The Securities and Exchange Commission should not have proposed "a series of highly prescriptive rules" related to cybersecurity, Commissioner Mark Uyeda said Tuesday. "Let's try and not be the ...

The public comment period on the Financial Industry Regulatory Authority 's proposed updates to its rules governing brokers' outside business activities closed on Tuesday, capping a particularly ...

With a widely anticipated shortage of financial advisors approaching, registered investment advisory firms face a difficult choice: Change how they find talent or risk falling behind. RIAs and ...

Hub International said its valuation is now seven times higher than it was 12 years ago following the sale of a stake to several firms led by T. Rowe Price Investment Management.

Newly minted Raymond James Chief Executive Officer Paul Shoukry is reassuring affiliated advisors of the firm's commitment to independence amid increased consolidation in the industry.

The private markets fund J.P. Morgan Chase 's asset and wealth management unit launched less than two years ago for individual investors has now passed $1 billion in assets, according to The Wall ...

Despite recently dismissing its lawsuit accusing cryptocurrency exchange Coinbase of illegally peddling cryptocurrencies, the Securities and Exchange Commission is still investigating whether the ...

Warren Buffett still believes he can steer Berkshire Hathaway through the most volatile of markets — the same way he did when he first started six decades ago — but he has realized there's finally ...