Raymond James ' incoming chief executive officer, Paul Shoukry, has pledged to preserve advisors' ownership of their client books.

A new study from Fuse Research Network found that nearly half of surveyed advisors plan to add exposure to crypto in client portfolios over the next two years. That would represent a sizeable increase ...

The program, which matches prospective clients to "select, prescreened independent advisory firms" with nearby offices, charges 0.25% on the first $2 million in assets the client keeps with the ...

Dimon's remarks, delivered during a town hall meeting in Ohio, were reviewed by Barron's and come amid broader cost-cutting measures at the bank, which has implemented layoffs and a hiring freeze to ...

Treasury Secretary Scott Bessent, picked by Trump to serve as temporary head of the consumer watchdog to replace Chopra, immediately ordered CFPB staff to pause final rulemaking, suspend the effective ...

Pick, who earned $25 million for 2023, his last year as co-president and head of institutional securities before succeeding James Gorman as CEO at the start of 2024, will earn $34 million for 2024, ...

The chief strategist told CNBC the government shrinking being carried out by DOGE will be messy but is likely to help the markets in the long term.

LPL Financial is working to "out-invest" its rivals in terms of the capabilities it offers independent advisors, according to CEO Rich Steinmeier. "We're investing in capabilities at a level that I ...

Many financial services firms compete with Morgan Stanley in specific lines of business, but no competitor has the scale and synergy across all channels to match Morgan Stanley, Co-President and Head ...

The Office of the Comptroller of the Currency has closed its 2018 consent order related to Wells' compliance risk management program, the company announced on Thursday, adding that it is the 10th ...

Advisors who go independent are less concerned with the ins and outs of different affiliation models and more interested in joining firms that won't compete with them for clients, according to ...

The fired Merrill Lynch financial advisor who gained media notoriety over a smoothie-throwing incident has been severely sanctioned by the Financial Industry Regulatory Authority — but not for that ...