Finance

Energy was likely a “headwind,” analysts wrote.

The leading independent robo adviser added another $70 million in funding.

These works of nonfiction and fiction can provide inspiration for better practice management and client services.

The Buffalo-based institution generated $127 million in second-quarter revenue from trust services, up 5% year-over-year.

The manager says his research into one of the natural world’s most byzantine systems has helped to better understand the financial markets.

Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.

The firm needs a digital advice offering for clients who don't want a traditional relationship, CEO James Gorman said.

The last time the percentage was greater was when the S&P 500 was near its previous peak before the financial crisis.

Large, active hedge funds shorted Comex futures because of the risk of higher U.S. interest rates, driving down prices of the metal, an analyst says.

The bank's wealth management businesses earned $124 million on $600 million in revenue in the second quarter.

Convinced that clients want as much human interaction as ever, the Wall Street firm is using machine learning to help its financial advisers stay informed and work efficiently.

The firm also said it has benefited from low attrition and its training program.

While the firm's conquest of the money-management business may seem inevitable, it’s a mistake to extrapolate its recent success into the future.

The nation’s largest IBD plans to launch a platform with load-waived shares from 20 companies.

In an effort to weather the assault from index funds, a Scottish firm cuts fees but bets that performance is still key to attract clients.

Marketing and sales strategies are better received when firms provide information advisers are actually seeking.

The firm's headcount has steadily declined since the bogus account scandal came to light last year.

The app allows users, many of them first-time investors, to get started for as little as $5.

July 17: The space, once scoffed at by managers, is expected to grow by more than $300 billion this year.

Second-quarter revenue climbed 9% year-over-year even as the number of advisers dropped by 6%.