Industry

Tragic experiences led this advisor to find a way to make finance real and personal.

New technology is making it difficult for funds that fail to combine low costs, strong returns and brand equity to earn spots on investment lineups.

UBS advisor Michael Lorenzo is carefully eyeing “the impact that systematic strategies had on the markets, especially as 2018 is the new normal.”

Even as BDs transition from their commission roots, too many still treat advice as a liability.

Elena Milianta joined the firm’s Alex. Brown division, which caters to wealthy clients.

The firm aims to avoid disruptions for its 2,300 advisors — but the pending recapitalization comes as the space consolidates amid shrinking margins.

The move comes as competitors cut prices to entice RIAs to leave the platform.

The firm has bulked up organically. But now it’s time to buy.

Studying leaders in other industries reveals many ways to be successful, says Merrill Lynch’s Stephen Bealer.

The onetime king of the bond market doesn’t blame his personal ordeals for poor investment decisions; in fact, he says, they probably made him better.