Finance

In an earnings call, an RBC executive says the firm decided to raise its account yields in response to higher Fed rates because "the right balance was to allocate some of that rising rate to our customers."

UBS executives estimate their plan to raise rates on certain accounts will cost the firm $50 million. A new suit cites that as evidence that the firm "violated its obligations to its clients."

Now the questions are: how much, and how often.

Floating rate deals could spell the end of a golden age for direct lending.

The deal marks the fourth purchase for CW Advisors since a private equity firm bought a majority stake in it last year.

Financial advisors have built companies that are attractive to investors. But if they face challenges, experts say they can solve them without letting go of their firms.

A belief in the exceptional nature of U.S. markets can blind advisors to clients' true risk tolerance.

The Swiss banking giant said a planned change to its yields on clients' uninvested cash will take a $50 million bite out of its net profits.

Find all of the figures from Financial Planning's latest annual study of brokerages whose financial advisors aren't employees of the firms.

Advyzon has grown for more than a decade using the strategy that all technology should be built in-house, even if it takes longer.