Finance

The firm's compensation plan, which is to remain unchanged for 2019, has turbocharged advisor productivity, an executive says.

The decommissioning of redundant measures outweighed the creation of new benchmarks, according to a new report from the Index Industry Association.

The bank has lost a net 1,300 advisors since a fake accounts scandal came to light three years ago.

Geopolitical friction and a slowdown in global economic growth have boosted the metal’s demand despite signs of recent wavering.

The bank has been investing in electronic technology and sharpening its focus on trade execution, trying to unseat Morgan Stanley as Wall Street’s top stock-trading shop.

The change, the regulator says, will facilitate greater competition and innovation in the ETF marketplace, leading to more choice for investors.

Fee compression and commoditization of investment products over the past decade are threatening already slim margins in asset management.

Since this March, almost 100 firms have settled with the regulator for approximately $173 million. Other cases are still pending.

Among the honors this year by NICSA are awards for operational excellence, and advances in product development and technology.