Two former Osaic advisors and the Wells Fargo-affiliated wealth management firm they joined have lost a bid to derail most of a lawsuit accusing them of taking more than 140 client accounts and ...

A former NYLife Securities representative, Jacob Spencer, has been barred from the industry for allegedly cheating on a Series 6 exam by using internet-enabled eyeglasses, according to Finra documents ...

Rarely have all the stars aligned to shine on a profession and create an environment as favorable as the universe facing financial advisors today. The demographic and financial market dynamics ...

Bonds of Sammons Financial Group fell to the lowest since they were issued in June after a report probed the life insurer’s connections to Mark Walter’s Guggenheim Partners. The company’s bonds due in ...

Blackstone Inc. is folding its growth business into a new West Coast-based division that will focus solely on the alternative investment giant’s artificial intelligence portfolio, which includes ...

David Choi's hedge fund seemed too good to pass up, with Mars FX US LP posting annual gains that averaged 19% and zero monthly losses. In the end, it was too good to be true. Choi's fund is now ...

New research suggests there are better ways than William Bengen’s 4% withdrawal strategy to guarantee a sustainable income stream in retirement. The new strategy involves using a mix of a low-cost ...

Time, money and competition put pressure on RIA owners to be decisive, but taking action can be hard without assurances of success, and it can be reckless to act on gut instinct. To compete, advisors ...

The hottest buy of the summer is a $10 gift card to Dunkin’. It’s not that the coffee and donut chain’s iced lattes have suddenly become more popular. It’s really thanks to a marketing campaign backed ...

Ken Griffin is pointing an outstretched arm toward his field of dreams. On this Wednesday afternoon in early February, the CEO of Citadel, one of the world’s largest and most profitable hedge funds, ...

RIA mergers and acquisitions set a record for the busiest second quarter and first half in industry history, but the deals increasingly went to the same buyers, according to a new report from ECHELON ...

Jefferies Financial Group Inc. has been told that some of the invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are not genuine, according to people familiar ...