Industry

Phil Waxelbaum, a longtime industry recruiter, talks about what large firms can do and are doing to remain attractive to long-standing advisory teams with sizable sums under management.

Industry recruiters see the changes as intended to make client assets and advisory teams "stickier" and to retain executive talent.

In sunny Huntington Beach, California, Advyzon CRO John Mackowiak spoke about the industry's direction — and what he liked best about the oceanside festival.

The broker-dealer group is questioning the Department of Labor's plans to replace a simpler rule adopted by the Trump Administration to determine when workers qualify as direct employees.

The megabank's Personal Financial Management transaction helped drive some record metrics in 2023 for its wealth and fund segment.

The banking giant's plans are an outlier in an industry that has been shedding jobs.

With few new advisors coming into the industry but total U.S. assets growing rapidly, Morgan Stanley, Wells Fargo, Merrill and others are having to up their compensation game and distinguish themselves in other ways if they want to capture a larger share of the wealth pie.

How the big firms compare with each other in their advisor headcounts, assets under management and other attributes.

Cash is making a resurgence in financial planning, offering both advisors and clients the opportunity to grow.

The firm's wealth and investment unit contributed more than half of the Wall Street giant's profits and revenues for 2023.