Industry

While most midsize firms are folding into the largest players, the company could take an alternate path if it builds on its record recruiting.

UBS is growing its advisor headcount in the U.S., but it lost four advisors today and five last week to rival firms. The Wells team is a breakaway half from a powerhouse UHNW group that split in the move.

The RIA aggregator tacked on an additional $21 million in annual revenue through just two of the transactions.

The regional bank's play for a piece of the wealth management pie, under wraps for more than a year, has a unique twist.

After its spinoff from giant accounting firm RSM, the newly standalone firm struck an agreement to add on to its existing base of $13.5 billion in client assets.

The wirehouse is adding pay bumps for advisors with positive net new assets to encourage business growth in a time of shrinking client assets.

A financial planner can complement the CPA through the stressful process by taking on a number of supporting — yet crucial — roles.

The announcement, higher wealth profits due to rising interest rates and record recruited client assets ushered the tax-focused firm into its latest phase of change.

As wealth management firms and advisors increasingly wear two hats, it's getting harder for investors to know when they're overpaying for products and advice.

Credit Suisse Group executive Yves-Alain Sommerhalder is leaving, adding to top-level departures as the firm seeks to get back on its feet amid a massive restructure.