Jessica Mathews

The company has benefited from a market surge, new investors and an uptick in broker breakaways.

The deal will nearly double Congress Wealth Management’s client assets.

The self-clearing custodian has unified its broker-dealer and RIA segments under one division at the company.

The company upped its recruiting package last year, a change that has been “very well received by prospective advisors,” according to the CEO.

The pandemic has ushered in an ultra-remote environment, complete with more video calls, more e-signing and, inevitably, more stress.

Despite losing more than 295 net advisors in the first three months of the year, the wirehouse had one of its best quarters in history in terms of revenue.

A net 236 brokers left the wirehouse in the three months ending in March, the company said in its latest quarterly report.

The acquisition will add $124 billion of European AUM and give Ameriprise access to the Canadian bank’s ESG strategies. It will also initiate a distribution relationship with the Bank of Montreal’s North American wealth management business.

The company has experienced “dramatic increases” in new customers, call and trading volumes.

More than half of the broker-dealer’s clients say they’re interested in increasing the share of socially-responsible investments in their current portfolio.

The update is a step forward to being more inclusive of individuals who don’t identify as male or female.

The police, FBI, SEC and IRS, among other agencies, have been trying to track ex-advisor Chris Burns for months, to no avail.

After the Schwab-TD merger, rival firms are re-thinking the settlement process, testing new pricing models, and improving advisor efficiency and service. Is David sprinting past Goliath?

Half of Facet Wealth’s employees haven’t met face-to-face. Here is how the fintech is working to strengthen community.

It’s yet another revenue stream that may face pressure after the custodian spawned a race to zero commissions more than a year ago.

Financial advisor Christian D’Urso spends his mornings hiking, kayaking or biking, and his afternoons running a $110 million advisory business on the water.

More fund managers are entering the exchange-traded sector. Investors are following.

“When I left, I told Morgan Stanley [Ron] was the best person I've ever worked for in my career,” says advisor Jason Fertitta, who is hiring his old boss.

While financial advisors may have limited access to offer digital currencies for their own clients, companies are increasingly safeguarding digital assets for institutions.

Major hurdles stand in the way of wide adoption: regulation, security and cost.