Industry

The digital advice firm said lowering minimums to $25,000 was a temporary move.

The elite brokerage unit picked up three veteran advisers, On Wall Street reports exclusively.

The rep was suspended for 15 months and fined $15,000 for engaging in the purported scheme and accepting a $50,000 cash gift from a customer, FINRA claimed.

Which firms showed “meaningful progress” in improving client experience? And which one slipped?

Wealth management executives command large enterprises at many financial institutions and are getting paid handsomely for it.

A team joined the wirehouse from Wells Fargo Private Bank.

The boutique wealth management firm picked up three industry veterans from two smaller rivals.

HighTower and Dynasty added big platform clients as wirehouse brokers continued to flee.

Following these steps will help advisers prepare their firms for the future without them.

The board also canceled about $47 million of ex-community bank head Carrie Tolstedt’s stock options.