Bank of America has promoted two executives to oversee overhauled business lines, including a newly formed unit tasked with overseeing offerings for consumers through Merrill Edge, according to ...

Finra has fined Thurston Springer Financial $150,000 over several alleged violations taking place since 2020.

Raymond James announced that it has added an advisor team from Merrill Lynch, where the team had more than $740 million in client assets.

As it happens, Steinmeier's statement was literal: LPL on Monday announced that it had reached a deal to acquire Commonwealth, which has about 2,900 advisors and around $285 billion in brokerage and ...

Parametric has been part of SEI's platform for over 20 years, initially as a sub-advisor with a sleeve-only offering, Holland said. Since SEI's UMA platform launched in 2007, Parametric has functioned ...

Private equity shop Clayton, Dubilier & Rice says it's hired former Charles Schwab chief executive Walt Bettinger as a senior advisor in its financial and technology services unit that services funds ...

According to the suit, the firm's human resources department "repeatedly dismissed" Dyce's discrimination claims, and the firm eventually placed him on "a pretextual performance improvement plan," ...

Starting May 5, advisors and employees will have to be in the office at least four days a week, according to a memo sent by Jed Finn, head of wealth management, to all of the unit's employees, which ...

Musk has agreed to respond to the suit brought by the SEC six days before Donald Trump returned to the White House that accuses the tech tycoon of violating securities laws in timing his disclosure ...

The firm intends to grow its advisor ranks by 3% each year, according to Managing Partner Penny Pennington.

BlackRock boss Larry Fink is betting on private access to everyday investors, claiming such availability would "further democratize investing," the Financial Times reports.

Seruya's financial services career dates to 1983, when he registered at Halpert, Oberst & Co., according to BrokerCheck. He left for Bevill, Bresler & Schulman Inc. in 1984, joined Bear Stearns & Co., ...