Finance

The company "started off the year with a meaningful renewal from Cambridge Investment Research," BNY's chief financial officer notes.

Like its rival Morgan Stanley, Wells Fargo saw a healthy increase in its AUM and wealth revenues before Trump's tariff policies sent investments reeling.

Executives at the Wall Street giant expressed optimism that clients will turn to it more for advice amid economic uncertainty.

As the head of the investment solutions group at Merrill and Bank of America Private Bank, Nancy Fahmy ensures the firm's advisors have access to investments they recommend to investors.

Meanwhile, former Charles Schwab CEO Walt Bettinger saw a 10% compensation increase for his final year on the job.

As Donald Trump's policies rattle the economy, partisan identities are driving investors toward very different outlooks on the stock market.

Experts say financial advisors can play a critical role for clients who are in the throes of addiction and those sifting their way through the often-challenging recovery process.

A partnership between Citigroup and Silverfern to serve exclusive private equity deals to ultrarich clients collapsed after years of tension and litigation.

Financial advisors are counseling clients to stick to their long-term plans, even as they consider potential hedging opportunities and other strategies.

Rather than a book on his investing philosophy, the longtime advisor offers the lessons that have made him "less stupid" over the years.

Robinhood Markets is unveiling a hub inside its popular app for retail traders to bet on the likelihood of certain event outcomes.

High net worth individuals tend to think they can manage investing on their own. Researchers say that's an opportunity for financial advisors.

With some alarm bells sounding on market risks in 2025, advisors are focusing on client reassurances and strategic planning.

RBC's firmwide net income skyrockets despite rising costs, even as its advisor headcount holds steady.

A new study found that retirees spend far less than they should from certain income sources. But researchers say financial advisors can help change that.

To some market-watchers, that undercuts the spirit of what private equity investments are supposed to provide.

As concerns around economic instability mount, more Americans are turning to professional financial advisors to help protect their assets.

Up from $26 million in 2023, Jane Fraser's compensation last year saw the largest increase so far among heads of big U.S. banks.

Following a 47% increase in earnings, Ted Pick is credited for his firm's "outstanding performance" in his first year at the helm.

The next CEO of Raymond James talks about how private equity ownership has made for some difficult marriages in wealth management, while a Morgan Stanley exec says asset outflows were unusually high last year.