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Solomon jumped alongside Morgan Stanley’s James Gorman as the best-paid CEO at a major U.S. bank, followed closely by Jamie Dimon at JPMorgan Chase.

Advisor numbers are up from a year earlier, down from the previous quarter

Wealth managers are seeking to drive change by equipping brokers with resources to engage historically excluded groups.

The platform allows advisors to tailor portfolios that have characteristics including state-specific credits, ESG considerations, duration targets and other criteria.

A study found people using a gamified app saved 20% more than those using a generic app.

Here's what you missed this week in wealth management.

The hits came from all directions: net loss was steeper than anticipated, monthly active users dropped and average revenue per user tanked

The wealth manager is also growing faster than in years past among its traditional mass affluent base after a record fourth quarter, Jim Cracchiolo says.

Growth among Black and Hispanic CFPs saw double-digit percentage gains in 2021. But overall representation remains stagnant year-over-year.

Some applicants claimed to have gained years of investment experience just days after an initial application was denied.