Finance

The megabank’s RIA and brokerage segment weathered equity volatility that wiped out $28 billion from the value of client assets in the first quarter.

After ending 2021 with record results, 2022’s first quarter was full of ups and downs.

As CEO Jamie Dimon faced questions about a potential recession, the firm’s wealth management units displayed continuing headcount growth.

The company reported revenue of about $4.7 billion for the three months ended in March, slightly below analyst estimates of about $4.8 billion for the period.

Regional ties such as being fans of the Buffalo Bills and Sabres led to the deal, which is being backed by the family office of the teams’ owners.

The Swiss lender is looking to boost shareholder returns

The provider of an all-in-one software package will now offer advisors outsourced investment management.

The fund would potentially offer multimillionaires exposure to a swath of assets unavailable on public markets.

The brokerage sustained a net loss of hundreds of brokers last year after a pause in hiring during the coronavirus, according to its annual report.

From ultrarich to moderately wealthy, investors looking for outsized gains are being told to buy into the professional funds. There are risks.

Eight RIA acquisitions and two minority investments added $49 billion in client assets to the Toronto-based firm’s U.S. platform in Q4.

With a focus on growth and improving advisor satisfaction, Blucora’s wealth management arm saw Q4 improvements

Nearing her first year anniversary at the firm, CEO Natalie Wolfsen said the company’s success wouldn’t be possible without the advisors who power it

Focus Financial Partners saw revenue climb more than 32% in 2021, powered by a flurry of deals and higher wealth management fees.

The shareholder, Engine Capital, is seeking support for former LPL executive Andy Kalbaugh and two other nominees to the board of Blucora.

Most employees will return under a “hybrid flexible model” regardless of vaccination status

Net new assets soared in 2021, even though the firm's pandemic-related pause in hiring and training overhaul has trimmed its force of brokers.

The firm’s industry-leading headcount of financial advisors expanded by thousands last year, with more recruits coming in their wake.

The 2022 outlook looks to be much the same.

The bank plans to let the digital advisor operate as a standalone unit while looking for near-term “easy wins.”