Earnings
Earnings
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The global bank saw a decline in its wealth management headcount for its Americas region even as its invested assets rose.
August 31 -
The Canadian firm saw an 8% jump in its net income, but CEO Dave McKay foresees a "softer economic outlook" next quarter.
August 24 -
The St. Louis-based firm has continued its 2023 comeback, enjoying two straight quarters of double-digit revenue growth.
August 11 -
More assets, less debt and a new name are among the Canadian asset manager's wealth highlights.
August 10 -
The company that provides services to 107,000 advisors posted financial results that meet estimates without breaking new ground.
August 4 -
Interest rates, compensation and costs relating to the firm's pending deal to go private tore a hole in the RIA aggregator's earnings for the second quarter.
August 3 -
The California TAMP's latest financial report includes new milestones for revenue, platform asset and net income.
August 3 -
The company's earnings soared in the second quarter. Dan Arnold's team has more ideas in the works for further growth.
July 28 -
As revenues fell for other companies, Raymond James' earnings reached new heights — including for its wealth management division.
July 27 -
The company enjoyed "another strong quarter overall, led by continued growth of our wealth management business," CEO Jim Cracchiolo said.
July 27 -
In the second quarter of 2023, Stifel's profits were down from last year — except for its Global Wealth Management unit, which saw record growth.
July 26 -
In an interview, Chairman David Karr discussed the firm's financial advisor training and recruiting approach and embrace of "supported independence."
July 24 -
The Wall Street giant struggles amid plans to rely less on its own balance sheet and more on fees from managing others' investments.
July 19 -
BNY Mellon's chief financial officer said that the custodian nonetheless has some "quite exciting" announcements in the works for later this year.
July 19 -
From April to June, the firm's net income was $1.3 billion, down from $1.8 billion in the second quarter of 2022.
July 18 -
Outgoing CEO James Gorman said Tuesday that he sees the firm reaching $20 trillion in 14 years.
July 18 -
The pair of wealth management executives discussed how trends they've unearthed in their first 100 days will exercise great influence on the firm's future plans.
July 18 -
The firm's Wealth at Work division delivered strong results while the private bank stumbled.
July 17 -
Despite the recovery of stock values over the past few months, the bank's wealth unit still fell short of last year's earnings.
July 14 -
Earnings are under scrutiny as the financial industry thins out its ranks to cope with a slowdown in deals and pays more on deposits.
July 13



















