UBS laying off dozens of wealth management staff
Move comes as bank revamps the unit's leadership team.
Systems glitch sends erroneous text messages to some Vanguard customers
Text said a 401(k) loan was being processed, but no accounts were actually affected.
Student loan rates contribute to increased college burden
Financial advisers have some advice on how to pay off student loans, as interest rates rose for a second year in a row.
The power of philanthropy shifts to women, and advisers are taking notice
Philanthropic women are growing in number — and stature.
Wells Fargo takes $8.7 million arbitration hit over Puerto Rican bonds
Finra panel says firm and broker are liable for damages, interest, fees and costs.
Fidelity asks Arizona court for injunction against two brokers
Alleges two reps took client information when they left to start a firm.
SEC charges Cape Cod RIA with $3 million fraud
Agency says Kimberly Pine Kitts created fake tax documents to cover up thefts.
William Galvin: Infinex Investments fined $125,000
Firm sold products that seniors didn't understand, Massachusetts state regulator says.
Record 48 RIA mergers and acquisitions took place in Q2
Consolidators were involved in 22 of the deals, says Echelon Partners.
Former broker receives extra jail time for defrauding own mother
Franklin Marone pleaded guilty to perjury and false filings last week.