Industry

The bank plans to let the digital advisor operate as a standalone unit while looking for near-term “easy wins.”

David Li of J.P. Morgan Wealth Management began learning the profession out of necessity at a young age.

The advisors’ success offers lessons for aspiring wealth professionals and brokerages aiming to change a predominantly white and male industry.

This elite group of young wirehouse and regional employee representatives collectively generate more than $200 million in annual revenue.

Schwab’s new compensation study has some surprises, including where independent advisory firms are hunting for talent and what awarding stock options does for a firm.

Wealth managers are seeking to drive change by equipping brokers with resources to engage historically excluded groups.

The platform allows advisors to tailor portfolios that have characteristics including state-specific credits, ESG considerations, duration targets and other criteria.

Here's what you missed this week in wealth management.

The firm “has barely scratched the surface” of selling its technology to independent financial advisors and brokers.

CEO David Fortunato may say that the robo’s “philosophy and principles remain the same,” but the sale to a big bank is a huge change.