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 ...

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 ...

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 ...

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

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 ...

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 ...

Sean Michael Kane allegedly impersonated clients to effect transactions in their Waddell & Reed accounts after the firm fired him. The Securities and Exchange Commission has barred a ...

Goldman Sachs is positioning itself to become a one-stop shop for ultra-wealthy clients by rolling out what it calls a "personal chief financial officer" service, The Wall Street Journal reports. The ...