Andrew Welsch

A UBS team of advisors with a billion dollars under management has left the Swiss bank to form IFM Capital Advisors, an independent registered investment advisor, with the aid of Focus Financial Partners.

The financial crisis has had an enormous impact on millennials' attitudes towards investing, saving and success, presenting both opportunities and challenges for financial advisors.

As tens of millions of baby boomers enter their golden years, Bank of America Merrill Lynch has appointed its first gerontologist to help advisors address clients' age-related concerns.

Raymond James & Associates' branch manager of the year has grown his complex's annual revenue to $32 million from $4 million and boosted client assets to $5 billion.

Raymond James Financial reported strong profits for the first quarter, with growth led by the company’s asset management and private client group divisions.

UBS has added a team of six former Morgan Stanley advisors to its office in Atlanta.

The firm is expanding its operations, pulling talent from RBC Wealth Management and Wells Fargo Advisors.

Morgan Stanley posted strong revenue growth for the fourth quarter led by record earnings for the firm's wealth management division -- a sign of how far the firm has come since acquiring Smith Barney.

Gearing up for more stringent regulations ahead, SIFMA is calling on regulators to better coordinate efforts and craft a business-model neutral fiduciary standard.

Bank of America's wealth management unit produced strong profits for the fourth quarter of 2013, and did so with fewer advisors.

FINRA alleges that the firms' advisors sold two types of highly risky ETFs that even they didn't understand.

An overwhelming majority of Hispanic and African-Americans say that financial services firms need to hire more diverse staffs, according to a survey conducted by Harris Interactive on behalf of Edward Jones.

Morgan Stanley Chief Executive Officer James Gorman said his firm’s wealth-management unit can earn a pretax margin of more than 23 percent by 2015 as interest rates and stock markets climb.