Bank channel

The credit union cited CUSO’s technology platform and tools that allow members to manage their investment and insurance needs.

With RIA balance sheets healthier, banks once again are taking an interest in RIAs, which are growing as much as 50% more rapidly than wirehouses.

Bank of America Corp. Chief Executive Officer Brian T. Moynihan said the firm has plenty of capital and he’s confident it will pass the next U.S. stress tests.

Citigroup has fallen on hard times in recent years, but it has still managed to train the chief executives of the country's biggest banks and card networks.

The average production at wirehouses is 40% higher than that of banks, and yet those advisors don't have an existing customer base. Why is that?

The December issue means just one thing here at Bank Investment Consultant. It's not Christmas. It's better, it's our annual BIC Top 50.

Here are this year's best bank-based financial advisors and the secrets to their success.

In On Wall Street's sixth annual ranking, the young hotshots of The Street talk clients and strategy. Here's how this year's top 40 advisors under 40 conquered a tough market.

As compliance costs rise, more banks are looking to get out of the investment advisory business, though some observer believe the trend could lead to more oversight of the actual vendor relationships.

More than seven in 10 advisors believe a deal will be reached that includes both higher marginal tax rates for wealthy Americans as well as curbs on deductions.

Margin pressure, regulatory hurdles and intense competition will test the nation's smallest banks next year, industry experts predict. Those issues could lead to a resurgence of consolidation among community banks.

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon would be the best person to lead the U.S. Treasury Department in a financial crisis, billionaire investor Warren Buffett said.

Nicholas Pollard and Gwendolyn Boykin, formerly of Northern Trust, joined the Private Client Reserve’s office in Palm Beach. And Jack Randall, a 40-year veteran of the wealth management industry, joined the team in Naples.

For every household with more than $250,000 in assets in an advisor’s book, predicted future annual revenue is expected to increase by $1,650.

USAA Asset Management is so committed to bringing its equity fund business in-house that it is bidding adieu to two subadvisors.

State Street Corporation’s Chief Financial Officer Edward Resch, 60 is leaving his post in 2013, after more than a decade in the role.

Carmela Elco, an executive of National Penn Bancshares’ retirement advisory business, will join the council next month to help with initiatives in research, public relations, general public education, regulatory positions, and practice management.

Alliant launched the investment program in 2009 and said it wanted to take the business to the next level.

The firm promoted Garrett Alton, a managing director of sales for Georgia, to a newly created role overseeing the firm’s sales teams in key Central and Mid-Atlantic U.S. markets.

More than half (55%) of Americans age 53 – 65 say they plan to continue working full-time as long as their health permits, up from 51% last year.