The bank will add "targeted talent that will play more of an advisory rather than transaction-oriented role," says SunTrust's CFO.

The bank's board is considering whether to withhold bonuses for CEO Tim Sloan and Chief Financial Officer John Shrewsberry.

Executives also estimate how much of their advisory force will quit in the wake of the DoL rule.

The firm's latest hire had spent 17 years at Raymond James and its predecessor firm, Morgan Keegan.

The $143 billion-asset company has agreed to buy the Retirement Corporation of America, an advisory firm based in Fifth Third’s headquarters city that focuses on the needs of retirees.

A consortium of fintech companies have formed a new industry group to advocate for better data sharing via open APIs.

Nearly half of U.S. clients would switch to tech giants for advisory services, according to a new study.

The expansion of hybrid platforms and bank digital advice promises big changes and fierce competition in automated wealth management.

Banks are slowly migrating budgeting capabilities to mobile offerings.

Advisers aren't being eliminated. But they should understand the trends transforming the industry.

Former Department of Labor officials allege systemic breakdown of whistleblower protection; two also handled Wells Fargo cases that went nowhere.

Can a mobile budgeting tool actually change spending behavior?

Stephens recruited an executive with more than 30 years experience, whose career includes stops at Wells Fargo, Credit Suisse, Lehman Brothers, PaineWebber and Merrill Lynch.

Robo advisers may have found the answer to a lingering problem for the financial industry: serving the mass-affluent in a profitable way.

Larry Feinsmith's job is to bring together the megabank and Silicon Valley startups.

The new recruit previously worked at U.S. Capital Advisors, an independent wealth management firm.

The move limits the bank’s ability to make golden-parachute payments and requires regulator approval before executives are hired.

Robert Peyreigne was hired to fill the role after Michael Armstrong departed Jefferies for RBC earlier this year.

The second wirehouse deal for the digital advice startup comes after announcing a blockbuster partnership with UBS.

One of the bank's new offerings is aimed at clients with balances between $50,000 and $199,999.