Asset management fees hit a record $1.5 billion, up 21% from the first quarter last year; assets on Merrill One surge.
Mary Jo White took over the Securities and Exchange Commission with a back-to-basics plan to toughen enforcement and clear a backlog of regulations aimed at the last financial crisis.
At annual meeting, CEO faces down analysts who say shareholders would gain more value if the big bank broke off Mellon.
Yet another reason why advisers should master claiming rules
President Obama's proposal to alter overtime pay rules reignites a debate over who should be compensated for extra hours. Should advisers be compensated for hours worked outside the traditional work week?
A new report offers a look into the popularity behind indexed and structured product annuities
Find out which states have the richest fee-only RIAs and don't miss the <a href="http://www.investmentnews.com/gallery/20140528/FREE/528009999/PH">15 fastest-growing RIAs</a> from IN's <a href="http://www.investmentnews.com/section/specialreport/20140601/RIARUNDOWN">RIA Rundown 2014</a>.
Broker-dealer using proceeds, in part, for pending acquisitions and possible new ones.
The window of opportunity to work with accountants on tax planning for this year is open, but not for long.
Firm to offer another way besides public listing for REIT sponsors to provide liquidity to investors.
The 1040 Analyst tech tool matches individual client data to tax-advantaged financial strategies.
The independent broker-dealer industry fattened up last year on the sale of nontraded real estate investment trusts. The question hanging over IBDs now is whether advisers are prudently reallocating the money of clients who are invested in nontraded REITs, particularly as the trusts continue to perform well and return capital to investors through listings or mergers.
A report from the North American Securities Administrators Association uncovered a wide disparity in how broker-dealers disclose the fees they charge and questionable practices regarding markups.
Comment letters show independent B-Ds want no part of it, while wirehouses are all for it.
William Morrissey, a 10-year company vet responsible for recruiting new advisers and their practices, was appointed head of LPL Financial's Independent Advisor Services unit.
If the industry hopes to build trust, clients have to understand what they're paying, executive tells crowd at conference in New York.
LPL Financial has suffered a recruiting slowdown in the first quarter and puts part of the blame on an unusual factor &mdash; this winter's rough weather.
Motif launches platform for advisers to ease, speed portfolio re-balancing.
Joins JPMorgan Chase in settling charges it misrepresenting the quality of mortgage-backed bonds sold to investors as housing prices plummeted.
For <i>Breakfast with Benjamin</i> today: Regis as a hedgie? Plus: No recession in sight; keeping it loose in Europe; debating monkey business; a Pimco PM hangs it up for a food truck and complaining about gas prices.
