The number of advisors in the bank’s wealth management business hasn’t grown since 2020. But that didn’t stop the firm from banking a few new records.

Firm leaders said the fine relates to broad investigations by the SEC and CFTC regarding employees’ use of unapproved personal devices.

The megabank’s CEO says consumers are “in great shape,” even though many fear a recession is on the horizon like a gathering storm.

There are signs that the firm’s headcount slippage is slowing, but that may account for reduced earnings due to higher compensation costs.

The New York-based wealth management firm has a twist on a common definition of growth.

The tax-focused wealth manager ushered in 85 new financial advisors and record net new advisory assets in the first quarter.

Record-breaking revenue and boosted CEO salaries are just two developments from the eagerly anticipated first-quarter earnings reports.

Client assets, net flows and total revenue are up year over year for the California TAMP.

The headwind from equity volatility offset much of the increased business, but CEO Ron Kruszewski is bullish about rising interest rates.

Income and advisors were up in Q1, but the firm's total brokerage and advisory assets dropped 4% to start the year.