Advisers, take note: Regulator warns that seemingly small or hidden fees can cause a big dent in portfolios over the long haul.
Firm shifts shifting some top brass to create a new role focused on strategy and client management.
Stifel, subsidiary broker-dealer agree to pay fines and restitution for sales of nontraditional funds.
<i>Breakfast with Benjamin:</i> How investors are playing the markets. Plus: Kitces on the fee vs. commission problem; solving mysteries and who Facebook is leaving in the dust.
The firm strikes a $196 million settlement with the SEC over charges it provided cross-border advisory, brokerage services for 8,500 U.S. clients. A Justice Department investigation is pending.
A former Merrill Lynch broker already serving a 33-month sentence for securities fraud is back in the hot seat after being indicted for an 18-year Ponzi scheme.
J.P. Morgan Securities recruits come from Bank of America Merrill Lynch, Bernstein and UBS.
Wrap fee accounts, rollovers and dually registered advisers crown list of examination priorities for 2014
The Tesla chief wants to get into military satellite launching. Plus, brokers failing to report trouble to Finra, stocks (and Costco earnings) drop, the Citi/Oceanografia plot thinkens, who you should follow on Twitter, and more.
Wells Fargo sought $76,152 from a former broker, but in the end was ordered to pay the adviser more than 10 times that amount .
