Industry

On Wall Street takes a closer look at the work routines and feats of this year’s Top 40 Under 40 class.

Woodbury Financial Services has added 572 advisors with $22 billion in client assets since the fall of 2017, CEO Rick Fergesen says.

An established name in muni markets, the company hopes to expand its footprint in the wealth management industry.

Tragic experiences led this advisor to find a way to make finance real and personal.

New technology is making it difficult for funds that fail to combine low costs, strong returns and brand equity to earn spots on investment lineups.

UBS advisor Michael Lorenzo is carefully eyeing “the impact that systematic strategies had on the markets, especially as 2018 is the new normal.”

Even as BDs transition from their commission roots, too many still treat advice as a liability.

Elena Milianta joined the firm’s Alex. Brown division, which caters to wealthy clients.

The firm aims to avoid disruptions for its 2,300 advisors — but the pending recapitalization comes as the space consolidates amid shrinking margins.

The move comes as competitors cut prices to entice RIAs to leave the platform.