A version of this story ran Friday as breaking news on Financial Advisor IQ.

President Donald Trump 's nominee to serve as the head of the Department of Labor 's retirement unit told lawmakers that he would drastically change tack if confirmed.

A Financial Industry Regulatory Authority arbitration panel has ruled in favor of Ameriprise Financial in a claim the company brought against one of its veteran advisors who left to found his own ...

A Santa Fe, New Mexico–based registered investment advisory firm and its owner are in hot water over alleged failures to keep their fees below 2% of their clients' assets under management, as they had ...

LPL Financial has lifted a team of financial advisors from L.M. Kohn & Co. An LPL Financial advisor has left the firm after 11 years to join Raymond James.

A Houston-based registered investment advisory firm and two of its financial advisors are on the hook for millions of dollars over allegations that they caused a customer to miss out on huge gains in ...

Though most wealthy investors prefer fee-based financial planning to a commission-based approach or a no-fee platform, wealth management firms should still ensure they can meet the needs of investors ...

The Securities and Exchange Commission 's Investor Advisory Committee on Thursday voted to recommend new rules regarding the regulation of pre-dispute arbitration clauses used by registered investment ...

New restrictions expected to be proposed in Switzerland this week may undermine the efforts of Swiss-based UBS to expand its footprint in the United States, according to news reports.

Michael Liersch, head of enterprise advice and planning at Wells Fargo, has left the firm, a spokesperson for the bank confirmed to Financial Advisor IQ on Wednesday.

Merrill Lynch has poached a veteran UBS market executive in New Jersey. An experienced Merrill Lynch financial advisor has jumped ship for Perigon Wealth Management. A financial advisor who had been ...

UBS has been ordered to pay $1 million to a financial advisor the firm fired months after he executed almost $500,000 in unauthorized trades in a customer's account.