Industry

Goldman Sachs is looking to sell more services to midsize companies under a plan to generate $5 billion in additional revenue.

The firm just announced its biggest acquisition in a decade.

Clients have received a combined $3.7 million in settlements involving two barred former reps of the IBD set to be acquired by Atria Wealth Solutions.

“We got to the point where we wanted a pure fiduciary relationship with clients,” Perry Mattern says.

Fintechs are also attracting strong PE interest; robos not so much.

Maryland and New Jersey are among the least-appealing places for employees to spend their post-work years, due in part to affordability, health costs and overall quality of life.

Negotiations ended in December because the parties couldn’t agree on a price amid a rout in U.S. stocks, according to people familiar with the matter.

No client wants to pay up. But, some could benefit from more tax exposure in retirement than actual spending.

Exiting larger firms can result in unique issues that need to be carefully considered.

The No. 1 IBD is reaping the benefits of learning the lesson that it “can never move away from the advisor,” according to its head of business development.