Advisers need to fight the temptation to cut the fees they charge their clients.
Financial advisers who cut their commissions when the market went sour shot themselves in the foot, according to a new study from PriceMetrix.
Bank of America Merrill Lynch hired 475 net new financial advisers in the third quarter, but revenue from the largest business unit of Bank of America Corp.'s global wealth and investment management division fell 1.9% to $3.43 billion
Suit filed by broker in 2005 lives after appeals court reversal
Advisers unable to meet fiduciary obligation to clients with reduced capacity; 'document, document, document'
Between a horrible investment-banking environment and an embarrassing $2.3 billion loss incurred by a London-based trader, UBS AG had a tough third quarter