Industry

Charlie Scharf’s insensitive and factually incorrect remark perpetuates a damaging trope, financial advisor Lazetta Braxton writes.

The bank also created a new consumer and wealth-management division co-led by Stephanie Cohen, one of the firm’s most-senior female bankers.

The independent firm has been an aggressive recruiter since its founding in 2013.

The bevy of choices can feel overwhelming. Here’s where experts recommend advisors get started.

“I would not be doing my job as somebody that is totally committed to making our Americas’ business a top competitive business for Julius Baer if I wasn’t seriously looking at a U.S. platform,” said Beatriz Sanchez, the bank’s head of the Americas.

The executive who helped guide Goldman Sachs’ embrace of Main Street is giving up his post in a management shuffle at the consumer unit.

Actions hit a nine-year high and restitution climbed to the highest total since 2013 — even before the rule’s heightened scrutiny.

It’s a big decision, and getting it right the first time around can avoid a lot of headaches, experts say.

The firm’s new technology will allow advisors to “get into the weeds” of underlying portfolios with clients.

Bleakley Financial Group also picked up an ex-hedge fund portfolio manager while expanding its national footprint.