Bruce Kelly

Large broker-dealers and registered investment advisors have, since 2020, been developing or sticking to strategies and tactics to combat the pain of intense, short-term market volatility

LPL Financial Holdings Inc. in March 2025 said it was acquiring Commonwealth Financial Network , a group of 3,000 financial advisors who were the highest annual revenue producers on average in the industry.

A year after it was acquired by rival LPL Financial Holdings Inc., Commonwealth Financial Network has seen its digital guru, Christopher Blotto, jump leave the firm.

Ameriprise and LPL Financial for the past few years have engaged in a financial advice trade war.

Heads of giant wealth management concerns continue to see their firms between a rock and a hard place when it comes to recruiting financial advisors , a main pillar of growth in any financial advice organization.

UBS wealth management in the Americas continues to see a decline in its overall team of financial advisors, today reporting a decline of 2.2% – 129 financial advisors over the past year.

Broker-dealers have a rich history of not being transparent with clients about fees and commissions.

Broker-dealers have a rich history of not being transparent with clients about fees and commissions.

It's been a tough year for such funds. For the year ending Monday, the S&P BDC Index was down 21.4%.

A securities regulator in Canada last week extended a temporary order against a financial advisor in suburban Vancouver and two companies connected