Advisor Group lost one of its biggest and most important financial advisers last week, Kevin Myeroff of Royal Alliance Associates Inc. — a regular on Barron’s ranking of top independent advisers whose firm, NCA Financial Planners, has about $1.7 billion ...

As the grip of the Big Four wirehouses — Merrill Lynch, Morgan Stanley, UBS and Wells Fargo Advisors — on financial advisers has lessened over the past 10 years or so, one of the main arteries for attracting new financial ...

The financial advice industry, with roughly 320,000 brokers and advisers selling and recommending products, is desperate to appear more diverse. The call to diversity is all around the industry. There are more women adviser conferences than you can shake a ...

The wirehouse world historically has wanted next to nothing to do with registered investment advisers, who have been siphoning off leading teams of wirehouse financial advisers for decades. RIAs are the direct competitors to wirehouses, which have the wealthiest clients ...

The continued nuisance of firms and brokers that lose lawsuits and then run out on them is highlighted this month by the shuttering of a small broker-dealer based on Wall Street, Worden Capital Management, and its owner and CEO, Jamie ...

Deal-making in the wealth management industry continues to pop with this week’s announcement that two big registered investment advisers, The Tiedemann Group and Alvarium Investments Ltd., will merge. The two have reached an agreement to combine with Cartesian Growth Corp. ...

We all work in or around the financial advice business, which is supposed to be home to some of the freest of the free-wheeling capitalists left in our country. Pulling themselves up by their own bootstraps, or perhaps slipping into ...

The Securities and Exchange Commission and the New York Attorney General a couple of weeks ago gave a whooping to a broker-dealer subsidiary of Teachers Insurance and Annuity Association of America, better known as TIAA, and penalized the firm $97 ...

The broad financial advice industry, comprising roughly 320,000 individuals registered as investment advisers or brokers, is trying to indicate that it’s finally getting serious about becoming diverse and hiring more women, Blacks, and other minorities. Having a diverse set of ...