Portfolio

While the wirehouse picked up a team producing $4 million, it also lost advisors who oversaw a combined $165 million in AUM to Steward Partners, an independent firm affiliated with Raymond James Financial Services.

Experts cite challenges in building and prosecuting cases involving elder financial abuse, suggesting advisors need policies and procedures to spot and report issues as they arise.

The wealth division has $700 million in assets under management, according to its latest Form ADV, and only 20 employees performing 'investment advisory functions.'

The former Southwest Securities team had overseen $225 million in assets at the time of their departure.

Carla Harris's message to women hoping to rise up in their fields: be true to who you are. Another: "If you consider yourself a leader in the 21st century you must be comfortable taking risk."

Mary Erodes has helped J.P. Morgan - with $230 billion in fund assets, excluding money market funds - to stand out in its ability to bring in assets, particularly to equity funds at times when other firms saw outflows.

Helping other professional women learn how to network and connect is a personal mission of Marie E. Dzanis, the senior vice president, head of funds and intermediary distribution at Northern Trust Asset Management.

With a strategy to directly target institutional investors, Trizic, a digital wealth management technology startup, has attracted $3 million in seed funding.

The SEC is set to propose a requirement that mutual fund companies report how vulnerable their bond portfolios are to interest-rate changes.

Three bank breakaways join two former colleagues who started the independent firm Standard Investment Advisors last year.