Industry

The wirehouse wealth head told SIFMA conference attendees to simplify clients’ lives, keep them on track and watch their backs; advisors say the pandemic and world events have brought a changed culture.

The firm expects global wealth to rise to 30% of new capital raised in the years ahead, up from 5% last year.

Fieldpoint Private will offer private banking services to Summit Financial’s advisors, but it will give up its plan to fold into the Merchant-backed firm.

Sources say high-profile departures and a changing corporate culture challenge the fintech giant as it decides between two acquisition partners.

The aim is to generate social benefits and investment returns

CI has gobbled up more than 30 smaller rivals since entering the U.S. market two years ago.

The highest consumer prices in 40 years have prompted advisors to seek out safe harbors for their clients.

The firm has named 24-year veteran Ryan Hicke to succeed founder Alfred West.

The regulator plans to focus on Reg BI, ESG criteria, private funds, cybersecurity and crypto assets in 2022, according to its closely watched report.

Here's what happened over the last week in wealth management.