The repricing of sweep deposits dented otherwise positive results for Wells' wealth unit last quarter. Revenue was up 0.5% quarterly and 4.8% year on year, to $3.88 billion, spurred by 2.1% quarterly ...

The latest funding round puts the valuation of Farther Finance Advisors at $542 million. Farther Finance Advisors, a startup aimed at financial advisors, has secured $72 million in funding, according ...

Clients working with managers through a dual-contract arrangement are more likely to embrace multi-asset tax optimized offerings from managers, said Seth Stuart, head of product at financial services ...

Advisor Michael Fowler, who has been in the financial services industry since 1992, joined Citi in Reston, Virginia, from Merrill Lynch in 2017, according to BrokerCheck. Last month, Fowler left Citi ...

Ninety-one percent of wealthy Americans give to charity, Bank of America Private Bank said it found in a survey of 1,007 U.S.-based respondents age 21 or older and with at least $3 million in ...