Industry

Across the country, banks of all sizes are investing in the wealth business as a way to deepen customer relationships, capture recurring revenues and tap into a massive transfer of wealth from baby boomers to Generation X and millennials. A lot of money is up for grabs, but maybe not enough to go around.

Take a look at the news of the last week in the world of wealth management.

But a recruiting expert says advisor independence comes with its own set of challenges.

A trio of advisors dropped Wells Fargo as practices choose between staying with wirehouses or joining the RIA movement.

Large pockets of the financial planning and wealth management industries have gone back to “business as usual” post-George Floyd.

The robo is adding repayment help and, eventually, 529 savings plans to its service for employers.

Eight RIA acquisitions and two minority investments added $49 billion in client assets to the Toronto-based firm’s U.S. platform in Q4.

Private equity firms have been using their war chests to go shopping for technology-focused financial services firms.

The four-member team led by Brent Hablutzel is the second Merrill Lynch team from Denver to make the move to Rockefeller in as many years.

Where you should work. How you should serve HNW clients. Cerulli’s latest report tells you six trends that are top of mind in the industry.