New York City maintains its position as the center of the U.S. securities industry, but cost pressures and shifting work patterns have eroded its share of the industry’s head count.

Edward Jones is expanding its physical presence in New York with a new office in Manhattan. The company has "been testing a new multi-use real estate option in New York City," Edward Jones said in an ...

FMG Mobile, an AI-powered social media assistant, helps advisors create social media posts. The app allows advisors to use content reviewed by the Financial Industry Regulatory Authority as well as ...

Trump has vowed to cut taxes and regulations but has yet to name his pick for chair of the SEC, according to Reuters. The president-elect said in June that he would sack Chair Gary Gensler immediately ...

The Financial Industry Regulatory Authority has proposed raising annual member fees on firms with revenue of more than $1 million, in a bid to support the industry self-regulator's operations from ...

LPL Financial's newly minted Chief Executive Officer Rich Steinmeier is touting traction into the firm's liquidity and succession program, which LPL sees as crucial to capitalizing on a wave of ...

A former Wells Fargo Advisors branch manager in California has sued the firm and her former supervisor, alleging that Wells condoned a sexist work culture he created and fired her in retaliation when ...

Ron Carson, the founder, chairman and former chief executive of Carson Group, is officially changing his name to Omani Carson.

This week, a Finra arbitration panel awarded LPL compensatory damages of $254,944.21, which included interest accrued through Nov. 7, plus interest at a daily rate of nearly $50 until the judgment is ...

Dynasty Financial Partners announced the formal launch of Model Select, a program that helps Dynasty's affiliated advisors focus on growth by outsourcing some everyday tasks of investment management.

"I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to be a part of the Trump Administration," the president-elect wrote on Thursday in a post on Truth Social, the social ...

As client preferences lean toward managed accounts and fiduciary oversight, the industry has seen significant growth in unified managed accounts, or UMAs, marking a further departure from advisory ...