Finance

Overall, Canada's largest bank saw its bottom line grow last quarter. But an American subsidiary is causing headaches for its wealth management business.

By combining strategic queries with compassion and empathy, financial advisors can convey the message that older clients' legitimate fears around loss are understood.

A lawyer representing hedge fund manager George Jarkesy argues the dispute could be solved simply by letting defendants choose to take their cases to regular courts.

The broker-dealer regulator's proposal would fall in line with similar leeway granted to advisors under the SEC's marketing rule.

The St. Louis-based firm now has more than 19,000 financial advisors, according to its latest SEC filing.

The Canadian asset manager's U.S. wealth arm was highlighted for growth in revenue and earnings

The company that provides services to 107,000 advisors as seen year over year saw increases in assets under management and accounts per advisor.

Officials are looking into the banking giant's anti-money laundering measures with clients outside the U.S.

With interest rates likely to level off, wealth managers who leave their clients in cash could miss out substantial long-term gains.

Even with an exodus from the acquired firm, the Zurich-based bank managed to pull in $22 billion in net new client money in the third quarter.