Finance

The firm says it's likely to benefit from the strategy by luring new clients and earning fees on securities lending.

Blucora CEO John Clendening says the cuts to head count should taper off by next year, when the firm will have dropped as many as 1,000 reps in 16 months.

The firm remains in transformational flux, but the results of its "Project E" evolution are beginning to show.

The firm's brokerage ranks increased by just one advisor year-over-year.

The flood of new money may be evidence that investor angst is confined to the highest-flying tech segment and not the industry at large.

The No. 1 IBD adapted Riskalyze to its still-evolving ClientWorks portal and added Black Diamond to its discounted vendor program.

The fund’s portfolio management team began dumping exposure to the social media giant in light of the Cambridge Analytica scandal.

Dan Arnold says the firm remains interested if deals are a match for the No. 1 IBD.

The SEC called into question the ability of the cryptocurrency’s exchanges to sufficiently police trading.

The IPO price was lowered, but long-term performance is considered key.

The bank promoted Denver’s regional leader of the business to oversee all aspects of Ascent Private Capital Management nationwide.

The firm achieved a record 7,719 independent and employee advisors in the second quarter.

Expected to raise $1 billion, the listing could encourage new offerings from many of the country’s cash-starved property firms.

Compensation related to financial advisor recruiting fell 22% for the second quarter.

The firm will move over to Salesforce’s CRM tool starting next year as part of an effort to boost efficiency with new technology.

Advisors should be scrutinizing vendors to find partners who share similar organizational values.

While the business is producing steady profits, the lender rejigged financial targets this year after investors argued Ermotti should do more to improve returns after the shares languished.

Some funds that were in the black still turned in a poor performance — it’s all relative.

The strategic buyer, one of the industry's largest, snags a $1B RIA for its first deal of the year.

Mapping out their cash flow and identifying existing and potential problem areas are good places to start.