In a good sign for the industry, recruiting came roaring back in the third quarter for LPL Financial, which added 154 net new registered reps and advisers. CEO Mark Casady says recruits came 'from all over.'
Company will resubmit proposal after finding botched accounting on structured notes issued by Merrill Lynch.
MediaMath, one of Crain's New York's 50 fastest growing companies, doubled its employees to 350 in a year. CEO Joe Zawadzki offers advice on retaining culture in an environment of rapid growth.
In a victory for opponents of mandatory arbitration, Charles Schwab & Co. has agreed to pay $500,000 and remove a controversial provision from customer contracts that would require arbitration of class action claims.
As the hiring environment become more competitive for techies, Michael Kirven, CEO of tech staffing firm Mondo, has some tips for making an offer stand out.
Study says gold should make up as much as 10% of a well-diversified portfolio
A former adviser trainee of Wells Fargo Advisors says firm went after her for training costs after she left the firm; she has sued, claiming the firm's practice of recouping training costs is illegal and discriminatory.
Fidelity is even broadening its recruiting efforts to high school students
Suit on behalf of 1,200 black brokers claimed discrimination in business opportunities.
A group of women advisers contend that a $39 million payout will actually reinforce policies allegedly tied to gender discrimination.
Lawsuit alleged a "deep rooted and pervasive gender discrimination" existed at Bank of America and Merrill Lynch
A recent Supreme Court decision allowing class action waivers tips the scales in favor of Charles Schwab in its scuffle with Finra over the tactic.
Abrogation of rights or a fair system? Opinions fly at <i>IN</i> roundtable
In its battle with Finra over mandatory arbitration, Charles Schwab has backed down, making its clients the winner. But the fight has just begun.
As task force reviews process, regulator pushed to fess up on selection of arbitrators, award collections and case statistics.
The beach retreat for Manhattan is one of a number of getaway markets that have been benefiting from the wealth effect of rising stocks. Vacation homes made up 13% of all sales last year, the highest level since 2006, the National Association of Realtors reported this month.
<i>Breakfast with Benjamin:</i> What stocks to buy if you're ready to buy stocks. Plus: A different investor reaction to a Netflix price hike; earnings coming fast and furious; when CEOs stop buying back their stock and don't forget Earth Day.
In a newly-announced restructuring, BlackRock CEO Laurence Fink is staying put but he has lined up new set of deputies and sets new roles for at least 10 execs.
Colony Group vice chairman: U.S. needs K-12 curriculum; but FPA of Florida head says effort starts in the states.
