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 ...

Commonwealth envisions the advisor as the point person in a team of professionals — such as those in trust services, tax planning, estate planning and charitable giving — for high-net-worth clients ...

The IT integration represents one of the key risks in the ongoing integration of Credit Suisse, which UBS acquired in a government-brokered deal last year, the newswire wrote, citing previous ...

Dynasty Financial Partners founder and Chief Executive Officer Shirl Penney was one of many displaced last month by Hurricane Helene and is now implementing measures to keep his firm's St. Petersburg, ...

A third party somehow used Fidelity accounts it had opened recently to access the client data between Aug. 17 and Aug. 19, according to the disclosure filed with Maine state authorities on Wednesday.

UBS Financial Services has secured a permanent injunction against a financial advisor accused of soliciting UBS clients after leaving the wirehouse last month. UBS had been seeking temporary and ...

J.P. Morgan's wealth management operation recorded higher revenues in the most recent quarter, but profits retreated, partially because of higher compensation doled out to the firm's growing ranks of ...

A recent McKinsey study estimates that more than $30 trillion will change hands by 2030 — and most of the recipients will be looking for a new advisor, Equitable said it found in a survey of 500 ...