Meanwhile, 34% of advisors plan to increase their use of model portfolios, the company said it found.

For example, the average bank paid its customers about 2.2% in annual interest at the end of the second quarter — at a time when the Fed's overnight rate available to the banks themselves was 5.5%, ...

De Bernardinis introduced the customers to the chief executive officer of the dairy and recommended they invest, Finra alleged in the consent filing. De Berardinis in some cases also helped customers ...

Fintech firm Pontera has partnered with tech-forward retirement-plan provider 401GO to allow financial advisors to collect fees directly from clients' 401 (k) accounts.

Stifel Financial has held talks to acquire the wealth management business of investment bank B. Riley Financial, according to news reports. B. Riley weighed unloading the wealth unit for more than ...