Industry

The newly appointed executive will coordinate a cross-platform family office strategy to ensure that family offices can access Wells Fargo's products and services easily.

After only two months in the role, Roth is being replaced by a restructuring specialist. RCS recently said it would file for bankruptcy.

Contributed articles and social media posts on specific ideas can separate planners from the rest of the pack.

An imaginary look at how one very prosperous firm might approach a new set of standards.

The prescription for holding on to top talent at the major brokerages starts with compensation, writes recruiter Mark Elzweig.

The bank's cross-selling ratio has begun to sputter, raising questions about whether its aggressive sales approach is starting to chase off too many customers. The problem is more than Wells Fargo's, too, since so many banks have sought to imitate its strategy for selling each customer multiple products.

CEO Paul Reilly said the fast growing firm's pretax income for its Private Client Group fell 25% year-over-year, and said market volatility was creating headwinds. Yet advisor ranks have climbed to record high.

The firm has had "significant expansion" with fast-growing teams in Chicago and St. Louis, which it expects to continue.

RBC's newest recruits generated $1.8 million in annual production, the firm said.

In its second acquisition in a year, EP Wealth lands woman-owned RIA on its way to its growth target of $5 billion in AUM.