Industry

A roundup of this week's news includes advisors on the move, new hires and SEC enforcement.

At least 10 senior bankers and numerous junior employees across the world’s largest wealth management market have left.

The nation’s largest independent broker-dealer aims to boost expansion even more, and it’s not ruling out launching its own bank.

The chairman-elect in 2022 is preparing to deal with the changes that come with a new presidential administration.

The TAMP has also created a new chief digital officer role to oversee improvements to the firm’s technology infrastructure.

The firm is the first service that makes it possible to gain exposure to cryptocurrency as part of a diversified portfolio with automation features.

The report gathered data from 750 high net worth investors and 200 financial advisors.

Adjustments to the organization’s sanction guidelines and procedural rules are the latest step in its ongoing enforcement overhaul.

CEO Jim Cracchiolo acknowledged that the firm attracted fewer experienced reps in the second quarter, even as its headcount ticked up by 2%.

The study, conducted between January and March 2021, contains self-reported data from firms that custody their assets with Schwab Advisor Services or TD Ameritrade.