Industry

As their interest income dwindles, banks are looking to bulk up their wealth management businesses in a bid to boost their fee-based revenue.

President Barack Obama throws his support behind the Department of Labor's fiduciary proposal; advisors take to Twitter to voice their reply.

In a rare independent-to-employee move, four independent advisors joined the employee channel of Raymond James.

After the company combines its custodian and clearing businesses and launches a new tech division, advisors should be alert to any service changes.

Wealth-management profits fell 2.1% to C$230 million, after recording C$27 million in restructuring costs for its U.S. and international operations, while insurance earnings rose 18% to C$185 million.

The liabilities your broker-dealer faces when supervisors oversee wealth managers both inside and outside your practice.

Just after a $150 million deal to acquire rival Sterne Agee was announced, quarterly profits in the firm's wealth management division were up 6.5% year-over-year.

Arthur Tambaro thought his career was over just a year ago. But his latest move makes sense in his career path, he says.

Citi Private Wealth advisor Bernard Reina used to be reluctant to join a team, but after his hand was forced he's now a major advocate.

Retail advice revenue accounted for roughly two-thirds of RCS's total full-year revenue of $2.8 billion, but the company's 2014 loss was almost 100 times greater than in 2013.