Andrew Welsch is a former managing editor of Financial Planning.
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Raymond James Financial reported that net income was up 33%, boosted by record private client group revenue.
April 23 -
Deutsche Bank's wealth management unit has recruited former-Barclays advisor Chris Guttilla.
April 17 -
Morgan Stanley Wealth Management's profits were up for the first quarter, following strong growth in fee-based assets and interest income. Overall, the bank's profits grew to $1.5 billion in the first quarter of 2014.
April 17 -
John Taft, CEO of RBC Wealth Management-U.S., shares his insight on upcoming regulatory changes, an ever-more complex marketplace and leadership.
April 16 -
Bank of Americas wealth management unit reported a modest increase in profits and a surge in advisor productivity, but the bank suffered a net loss for the quarter as litigation expenses related to the financial crisis rose to $6 billion.
April 16 -
Janney Montgomery Scott recruited an advisor team with $1.7 million in annual revenue from Barclays.
April 14 -
The wealth management industry has weathered recent storms and is set to set to meet future challenges, says Morgan Stanley's Greg Fleming
April 11 -
Social media allows advisors to meet clients where they are -- online. But to engage with clients and prospects, advisors will need to do more than merely log in.
April 11 -
Profits for the firm's wealth, brokerage and retirement division surged in the first quarter, up 41% year-over-year. And with $19 billion in cash on the firm's balance sheet, are acquisitions in store?
April 11 -
Washington Wealth Management has recruited two advisors from UBS and Wells Fargo, where they collectively managed approximately $150 million in assets.
April 11 -
Using these two simple techniques, one firm acquired over 100 new clients through social media last year.
April 11 -
Baird is merging with McAdams Wright Ragen, a wealth management firm based in Seattle that oversees more than $10 billion in client assets, according to the companies.
April 9 -
Advisor group Cohen Financial Management has joined Raymond James Financial from J.P. Morgan Securities, where the team generated annual revenues in excess of $4.2 million.
April 9 -
Baird reported record revenues for 2013, and added a former-Wells Fargo advisor as branch manager for its Charleston, S.C. office, marking its twelfth recruitment so far this year.
April 7 -
Interest in alternatives is rising among investors as they look to manage volatility in their portfolios - and advisor education is critical to meeting that tidal wave of demand.
April 4 -
Employees are putting more money into their 401(k) plans and Health Savings Accounts, according to a new study from Bank of America Merrill Lynch.
April 3 -
RBC Wealth Management has recruited an advisor specializing in global high-net-worth clients with $2 million in production.
April 2 -
Adding to the information services Morningstar offers to financial advisors, the company has acquired ByAllAccounts, a firm that provides data aggregation technology for financial applications.
April 1 -
Lawyers and clients are considering legal action to obtain new arbitration cases or revisit decisions amid allegations that a former FINRA arbitrator lied about being an attorney during his 15-year tenure.
April 1 -
Wells Fargo Advisors Financial Network has picked up advisors with more than $424 million in assets under management.
March 31


