Finance

The firm's stock traders recorded their best quarter in more than three years, on track for their best year ever.

Funds managed by Stone Point Capital are buying back the majority interest in the independent wealth management firm with 1,700 financial advisors.

The firm reported $90.8 billion of total net new assets in the quarter, an 88% increase on the same period a year ago.

JPMorgan reported a gain in net interest income for the third quarter, surprising many analysts.

Third-quarter results from Wells Fargo surpassed most analysts' expectations, thanks to surging investment-banking fees.

Among the proposals the Biden-appointee still has to shepherd across the finish line are rules for eliminating conflicts from AI recommendations and cybersecurity requirements for advisors and broker-dealers.

Leaders at FINRA, Fidelity and ACA Foreside discussed the steps they take to safely market new investment products like ETFs and cryptocurrencies on social media and other platforms while staying in compliance with advertising regulations.

Assets held by exchange-traded funds in the U.S. hit $10 trillion for the first time as the investor-friendly products continue their Wall Street takeover.

Four financial advisors and other experts speaking at last week's Future Proof conference shed light on the intersection of the wealth and accounting fields.

Lower interest rates are just one of many factors weighing on the $1.7 trillion market for private debt.