Certified financial planners will pay an additional $120 a year for the CFP designation, starting in October. The CFP board said the fee hike will help fund expanded advertising efforts.

Adoption of these applications has grown exponentially, but some advisors and attorneys say caution is warranted.

UBS' Americas unit benefited from a swift uptick in client transactions in April, but that activity has since subsided, CEO Sergio Ermotti told analysts.

Industry experts say Edward Jones was at risk of being left behind if it didn't offer access to investments that are becoming ...

Cary Carbonaro is an award-winning certified financial planner with over 25 years of experience.