Ancora, which previously took on Bed Bath & Beyond and Big Lots, argues the company suffers from poor leadership.

Questions about job losses and real estate are adding more complexity to the usual post-deal issues involving advisor retention and company consolidation.

The private equity-backed firm’s deal could tack on some 900 advisors to its ranks.

As the No. 1 IBD rolls out M&A services to advisors this quarter and reels in record recruits, Dan Arnold says the firm is experimenting.

APIs, proprietary funds, customer service issues: executives explain what they’re planning as their company hits $6.7 trillion in client assets.

Despite the credit-positive reading by one agency, the IBDs are competing against less leveraged rivals.

The nearly 10,000 advisors affiliated with the firm grow 2.5 times as fast as their peers at rival brokerages, CEO Jim Cracchiolo says.

The increase comes as the recruiting market heats up.

The 2,500-advisor firm is sneaking up on larger rivals by adopting an approach that’s increasingly popular across wealth management.

Strong 2020 returns have given a boost to the Swiss bank's new CEO, Ralph Hamers, whose start has been overshadowed by a Dutch probe into his role in a money laundering scandal at his former employer.

A team that has grown through acquisitions dropped the No. 1 IBD after the institution purchased another one for more than $600 million.

The firm pivoted away from an aggressive hiring strategy in 2016 and has seen a substantial drop in costs associated with picking up experienced talent.

The results underscore the standout performance of the industry's largest firms in equities, a business where Europe’s banks have struggled to keep up in recent years.

BNY Mellon’s custodian is growing, even as it loses some major clients amid industry consolidation.

Eaton Vance and E-Trade deals expected to boost the firm’s performance.

Client acquisition was down compared to 2019, but still higher than in years past.

CEO Charlie Scharf’s long-awaited expense-reduction plan got a chilly reception from investors.

As the Federal Reserve strives to help the economy, wealth managers’ revenue takes a hit.

CEO Dan Arnold cites growth in traditional channels and in recently launched models that could bring even more opportunities.

Wealthy clients are the fastest growing segment of the company’s retail division.