Industry

Beset by a graying workforce, an aging clientele and a shortage of young talent, the wealth management industry is at long last changing course.

A graying workforce. A homogenous culture. New technologies. With its future at stake, the wealth management industry is finally confronting its many challenges.

As service models shift, dually registered advisors have been making big competitive gains. Now the SEC has them in its regulatory sights.

Wells Fargo Advisors Financial Network has picked up advisors with more than $424 million in assets under management.

Benjamin Edwards is luring away talent from Wells Fargo, boosting its presence in the Midwest and New England.

After publishing our third annual RIA Leaders list, Financial Planning dove into the numbers to identify which of the top 100 actually have the wealthiest clientele.

Former UBS banker Mark Zaino walked out of court a free man Thursday after a federal judge chose to impose no further sentence on him for his role in rigging municipal bond contracts.

An advisor team which managed more than $600 million in assets at Merrill Lynch has left the firm to join Morgan Stanley.

Revenue rises 15% but product sales jump even higher, as a shift in compensation model holds back short-term revenue, the company says.

For investment advisors with a small pool of clients, the threat of a cyber attack that could compromise investors' personal identifying information is especially acute, says one IT expert.