With UBS ' announcement of its 2025 compensation plan last week, all four wirehouses have now revealed their pay plans for the upcoming year. And though each plan has its unique wrinkles, they largely ...

Garcia, who managed over $500 million at Wells Fargo as a senior investment manager, is aligning with VPHN Wealth Partners, led by private wealth advisors Melissa Van Putten-Henderson and Doris Neyra, ...

Morgan Stanley's own risk team found in early 2022 that 60% of international accounts its advisors were trying to open had missing documents, overstated income and other errors, the Journal wrote.

The majority of full-service apps and websites, as well as self-directed apps and websites, already present information "in a logical way to convey a clean, modern look and feel," J.D. Power said it ...

The Securities and Exchange Commission has charged a former financial advisor in California with running a two-year-long cherry-picking scheme. From August 2020 to October 2022, James Burleson, the ...

Merrill Lynch has recovered more than $1.4 million from a now-barred financial advisor who left the wirehouse amid allegations of operating without a registration and violating the firm's policy ...

The all-cash deal values Canadian asset manager CI Financial, including its U.S. wealth business, at nearly $8.7 billion.

The U.S. Court of Appeals for the District of Columbia Circuit ruled Friday that Finra may lack the necessary authority to kick out firms for misconduct in an expedited matter without first seeking ...

Brendan Krebs, who was named Wells’ head of advisor recruiting in January, has left to boost advisor development at PNC’s newly rebranded wealth division, according to sources. Wells Fargo Advisors ' ...

The Securities and Exchange Commission levied $8.2 billion in fines and investor reimbursements in fiscal year 2024 to reach an all-time high, Bloomberg reports. The rise in penalties came even as the ...

Welcome to Deconstructed, a weekly newsletter from Financial Advisor IQ that breaks down news and perspectives on portfolio construction. Managers are queuing up an array of new alts products ...

This article first appeared on Ignites, a sister publication of FA-IQ. State Street Global Advisors has formed a "strategic relationship" with Bridgewater Associates, collaborating on an ETF ...