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.

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 ...

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 ...

Dominik Stone, who joined Schwab in November 2017, claims that his supervisor outed him as a transgender man and that he faced sexual harassment by coworkers following his transition in 2021, the ...

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.

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 ...

This story originally ran on Financial Advisor IQ sister publication Ignites. When brokers or financial advisors offer mutual funds and exchange-traded funds that are clones of one another, a recent ...

"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 ...

Strive Enterprises, co-founded by one-time presidential hopeful Vivek Ramaswamy and touting "unapologetic capitalism," said ...

The disclosure comes as Morgan Stanley faces at least three putative class-action lawsuits over its sweep rates plus a fourth ...