Bank channel

Banks looking to boost their profits are missing the boat on a big opportunity: marketing investment and insurance products to mass-affluent households.

PrimeVest Financial Services gained 273 advisors in 2011, lifting its total registered representative force to more than 1,600, the firm announced today.

PrimeVest Financial Services gained 273 advisors in 2011, lifting its total registered representative force to more than 1,600, the firm announced today.

With some fairly significant caveats, there is hope that the bank channel will see better days ahead this year. But first, it has to get through the current doldrums.

Bank of America has added a new investment offering to its Merrill Edge program for mass-affluent investors.

Regions Financial Corp.'s deal to sell its Morgan Keegan brokerage and investment banking arm are leaving industry observers to wonder what the Birmingham, Ala. bank's plans are going forward.

Investors have not yet fully recovered their faith in long-term U.S. mutual funds, but the cash outflow in January was not nearly as bad as the previous month.

HNW clients are price sensitive, but advisors have made their case as the economy comes out of the financial crisis.

Large banks have done a good job of capturing the investments of young banking clients, but they haven’t had the same success with their older—and wealthier—customers, according to a new report from Aite Group.

After a decade refining their advice services, Fidelity, Schwab, E*Trade and other online brokerage firms are now rubbing up against traditional financial advisors, according to a new report from Cerulli Associates.

Bank programs are facing some obstacles, but when done right there are a number of advantages in this model.

New RJA President Tash Elwyn takes the helm and Morgan Keegan advisors sweep in.

From payouts getting trimmed to stagnant growth, bank advisors have their work cut out for them this year. But bright spots include investments that can help differentiate you.

The battle for the high-net-worth and ultra high-net-worth client is heating up. In recent weeks, wealth managers of all stripes have announced plans to strengthen their services for their most affluent clients.

The customers who walk into a branch are the lifeblood of any bank broker. And despite banks trying to make their customers "sticky," some people are finally getting fed up and leaving.

When your bank gets targeted for an acquisition, even the most steely nerved FA can worry about job security. But don't fret: With the right attitude, you can thrive.

The Bank of New York Mellon said late Tuesday that it is a victim of ‘prosecutorial overreach,’ at least in the case of the $2 billion lawsuit filed against it by New York state attorney general Eric T. Schneiderman.

Community banks oppose capital One Financial Inc.'s proposed $9 billion acquisition of ING Direct USA, saying it would increase systemic risk.

The Treasury Department and state regulators have insisted the enactment of Dodd-Frank effectively forces national banks to comply with more state consumer protection laws. So far, however, courts are not supporting such claims.

Banks are starting to notice that their online banking and mobile sites are not as good as customers expect.