A focus on productivity has resulted in attrition of lower producing brokers, the firm says.

The firm is working hard to lure advisors away from its larger rivals, said CEO Ronald Kruszewski.

The executive must attend to a close family member who has recently learned of significant health challenges, a spokeswoman says.

The No. 1 IBD unveiled positive recruiting numbers for the third quarter, alongside an 84% jump in profits.

The firm’s broker ranks expanded to 7,813 independent and employee advisors, a new high.

Sergio Ermotti is under pressure to show investors how the bank can reap greater profits from a merger of its two wealth management businesses.

Jim Cracchiolo aims to boost the number of clients receiving comprehensive plans through a series of tech upgrades for advisors next year.

Net income increased 31% from a year ago.

Investors cheering the firms' knockout third-quarter results may just be setting themselves up for a sucker punch.

Outflows were offset by the firm’s iShares ETF business, which saw net inflows of $33.7 billion in the period.

A bonus introduced earlier this year has helped fuel client acquisition, executives say.

The company’s third-quarter earnings report shows big gains coming from retail and RIAs.

One of the biggest drivers of the better-than-expected earnings was the good economy and prudent lending.

Executives at the beleaguered firm say they are focused on quality, not quantity.

Critics say quarterly reporting prompts companies to hold back on hiring and spend capital on share buybacks to meet short-term forecasts.

While he inherited a tough job, two years in it’s hard to find a single business metric that has improved,

CEO Rudy Adolf held the RIA acquirer’s first-ever earnings call, following its $564.8 million IPO, but the firm’s calculations drew questions.

Funds with disproportionate exposure to FANG stocks are up big in 2018.

The bank continues to battle a series of negative headlines such as erroneous foreclosures, but public and investor reaction has been muted.