Industry

It appears the regulator bought into the investor choice argument of sales reps right from the beginning.

The wirehouse recently reported advisor headcount shrank by 258 advisors year-over-year.

The downward trend in the supply chain is already prompting major changes, and it could soon spill over to advisors’ practices.

The RIA grabs an UHNW firm with trust services in a lucrative market while also targeting midsized firms.

Dennis Zank will continue to be affiliated with Raymond James as a financial advisor.

The firm also opened a new office in Lancaster, Pennsylvania.

Despite an impressive performance, Morgan Stanley's CEO is not preparing to raise profitability targets.

The executive will lead PNC’s wealth business beginning in June.

The hiring plans coincide with the firm's rollout of its digital advice offering, UBS Advice Advantage, which is offered through its call center.

The wirehouse exodus continues, as a team of Wells Fargo advisors jumps ship for the independent firm.