CEO Solomon tells an earnings call that the firm will focus on expanding areas such as its RIA custody arm in the future, after two big acquisitions in recent years.

The BNY Mellon subsidiary and another of the megabank’s units are collaborating on a new retirement tool for six million plan participants.

The company’s second-quarter earnings showed a drop in advisors and client assets even as increases in interest rates and loan balances drove profits higher.

In a quarter filled with economic and geopolitical uncertainty, the New York investment firm’s digital consumer bank achieved record-high revenues. Executives have said they plan to drive up revenues in that segment to $4 billion by 2024.

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.

The firm reached records in rep headcount and advisory assets after closing the Charles Stanley deal in the first quarter.

Zurich-based bank's wealth management results came in weaker than expected in Q1, and trading revenue suffered a big hit.

After agreeing to purchase Wealthfront during the first quarter, CEO Ralph Hamers says the firm is eyeing more opportunities in the U.S.

The firm’s financial advisor headcount and its client assets drove up its business in the first quarter, despite the impact of lower asset values.

The Pennsylvania firm saw its revenue climb 28% from one year ago to $581.4 million for the quarter.

Company leaders say the quarter was a mixed bag of ongoing progress while contending with a challenging environment.