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Deland Kamanga, the company's head of global markets, has been tapped to lead a unit with operations in both Canada and the U.S.

Hundreds more financial advisors have flocked to the wealth manager this year, driving new highs in headcount, client assets and several other metrics.

Here's what you missed this week in wealth management.

Expenses relating to recruiting and M&A rose at a faster clip than revenue, prompting one analyst to downgrade the company’s stock.

The wealthtech’s strategy is backed by a survey on what fundamentally drives financial advisors and their clients.

Keith McNeil is a partner with Arrow Benefits Group, a division of Patriot Growth Insurance Services.

Rep. Andy Barr of Kentucky is the ranking Republican on the House Financial Services Committee’s subcommittee on national security, international development and monetary policy.

A former Wells Fargo investment advisor stole nearly $3 million from clients, using the money for personal expenses and to buy gold coins, federal prosecutors said.

CEO Ron Kruszewski predicted its independent arm will grow the way the employee brokerage has since the firm hired its first financial advisor in 1997.

Model portfolios gaining steam in wirehouse channel as advisors look to focus on higher levels of client service.