CEO James Gorman set a goal of 30% after the wirehouse’s gains easily outpaced rising expenses from compensation and the E-Trade deal.

A dozen years after CEO Shirl Penney launched the RIA platform and TAMP, it seeks capital to supercharge its rapid growth.

The bank’s wealth management business celebrated record revenue, client flows and client balances in it’s latest earnings statements.

The company divided its largest division into two and added tens of billions of previously unreported dollars to the key business metric.

The bank’s consumer and wealth management business produced $2 billion in revenue in Q4, contributing to full-year revenue of $7.5 billion.

Growing client assets, a rebounding economy and a more efficient approach led to an 86% boost in net income for Wells Fargo.

There’s “a pretty good chance” that the U.S. will outpace current expectations for this year, the megabank’s CEO says.

The number of reps is tumbling from the wealth manager’s previous position atop the industry.

With a new South Florida home and booming stateside business, the Canadian asset manager now aims to become the leading high net worth and ultra high net worth platform in the U.S.

The firm added hundreds more advisors and boosted the number of practices with at least $5 million on its platforms.