In|Vest West 2018 Direct

The departure comes amid continued turn at the head of the bank's wealth management ranks.

Forty-five percent of wealth managers say a disputed presidential election would hurt their business, according to a new Arizent survey.

Citizens Financial said long-time Morgan Stanley leader Paul Casey will spearhead its wealth, private banking units as part of a larger expansion in advisory services.

Some financial advisors and tax professionals with high net worth clients could find big advantages before the expiration of provisions of the Tax Cuts and Jobs Act.

The New York megabank is working to deploy artificial intelligence as it seeks to make its own operations more efficient. Solomon also sees an "unprecedented" opportunity in financing clients' needs as they invest in AI.

Patrick Bangert is senior vice president of data, analytics and AI at Searce, which provides professional services for cloud applications. He heads the profit center that is responsible for all projects with a data scientific character globally. Until recently, he led the AI Division of Samsung SDS from 2020 to 2023, bringing AI tools and services into Samsung Cloud for computer vision, natural language processing, and machine learning with a particular focus on medical imaging. He holds a PhD in AI and has over 20 years of business experience.

Executives say the results show the wisdom of the firm's deliberate decision to focus on high net worth clients.

Even as ETFs in general enjoyed a bullish month, some funds lost billions of dollars. Here are the bottom 20.

Paul Andrews is the managing director of the CFA Institute.