Higher interest rates, higher deposit and loan balances drove significant growth for the wirehouse this quarter.

The megabank’s RIA and brokerage segment weathered equity volatility that wiped out $28 billion from the value of client assets in the first quarter.

After ending 2021 with record results, 2022’s first quarter was full of ups and downs.

As CEO Jamie Dimon faced questions about a potential recession, the firm’s wealth management units displayed continuing headcount growth.

The company reported revenue of about $4.7 billion for the three months ended in March, slightly below analyst estimates of about $4.8 billion for the period.

The Swiss lender is looking to boost shareholder returns

The brokerage sustained a net loss of hundreds of brokers last year after a pause in hiring during the coronavirus, according to its annual report.

Eight RIA acquisitions and two minority investments added $49 billion in client assets to the Toronto-based firm’s U.S. platform in Q4.

With a focus on growth and improving advisor satisfaction, Blucora’s wealth management arm saw Q4 improvements

Nearing her first year anniversary at the firm, CEO Natalie Wolfsen said the company’s success wouldn’t be possible without the advisors who power it