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

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 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 ...

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.

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 ...

Wells Fargo has cleared the last hurdle imposed on it by regulators over the past decade, largely in connection with the firm's infamous bogus accounts scandal.

A father-son financial advisor duo has initiated the latest legal battle in the ongoing war between Morgan Stanley and financial advisors who say the wirehouse refused to pay them money they were owed ...

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 ...

The registered investment advisory space has grown "tremendously" over the past quarter of a century, evolving to better serve clients and reach new ones, according to an annual snapshot report ...