Industry

Nearly 1,000 more advisory firms registered with the SEC last year, pushing their combined AUM above $128 trillion, according to an annual study.

Announcements involving Fidelity, LPL, BNY Mellon and other well-known firms signal how talent and capital are shaping the industry's future.

From pay and perks to avoiding burnout, this is what advisors want, according to an Arizent research report.

Financial advisor Jennifer Marcontell went independent after more than 20 years with her prior brokerage, which itself is making a major change to its structure.

The 90-year-old employee shot a co-worker in the bank's Oklahoma City offices.

Even stodgy Wall Street brokerages are loosening up as they try to win the war for talent.

Since 2021, JPMorgan has hired at least a dozen private-banking executives from rivals and is targeting double-digit percentage growth.

Toronto-Dominion Bank, the Canadian bank that’s been expanding through acquisitions, is weighing a deal for the brokerage firm Cowen, according to people familiar with the matter. 

The growth opportunity is there, the brand trust is there, the clients are there — it’s the banks that are largely absent.

Missouri-based UMB Financial says it would acquire 157,000 accounts across more than 3,000 employer groups from Old National Bancorp in Indiana.