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The smaller shrinking of the wirehouse's headcount in 2023 underscored a successful year of growth for the megabank's wealth arm.

Despite the impact of slumping stocks and reports of job cuts at its parent firm, rising interest rates boosted the giant custodian's business in 2022.

The wirehouse said it was on track to achieve $10 trillion in AUM in the next several years and expected the most growth to come from its corporate retirement channel.

Meanwhile the firm's newly reorganized wealth and asset management arm offered a couple of record numbers in an otherwise dark period for the megabank.

Amid the end of pandemic credits and investment losses, filing a federal return this year has sobering moments.

The wirehouse reported a record fourth-quarter growth of 8,500 net new households and said it planned to hire advisors at a 3-4% rate over the next five to 10 years.

The megabank set aside more than $1 billion in reserves as it confronts mixed economic signals and keeps adding more teams to its wealth ranks.

The group of 70 financial advisors left Advisor Group's Securities America to focus on expansion with the help of a rival to its prior firm.

JPMorgan Securities asked a court to order one of its former employees to stop poaching its customers for his new employer, Morgan Stanley Smith Barney.

The fintech startup is mining SEC, FINRA and other data to make information on financial advisors easier for consumers to digest.

As the regional firm aims to serve more high net worth clients, it plans to hire 60 experienced advisors this year.

The crypto tax environment, new crypto reporting requirements and a recently launched crypto education resource are among the latest developments in digital assets.

In a decision that left out the details of alleged discrimination and tensions within the firm, a FINRA arbitration panel granted the broker's expungement request.

The Internal Revenue Service audited fewer taxpayers last year, according to a new report, although audits of millionaires ticked up slightly.

Even before the collapse of FTX, concerns about cryptocurrency and other risky investments were keeping regulators busy.

The recruiting and M&A transactions bring another record year to the finish line ahead of an expected slowdown in 2023.

The giant wealth management firm allegedly made inaccurate representations to the regulator involving the call logs on two of its internal network drives.

The firm is rolling out team affiliations and internal career pathways into advisor roles, while looking to siphon off veterans from wirehouses by continuing a popular no-strings-attached transition offer.

A report from the bank's asset management division shows that American women are financially ill-equipped for retirement and suggested how employers can help.

Rohit Chopra, director of the Consumer Financial Protection Bureau, said the bank is "not making rapid progress" and hinted at the possibility of additional restrictions. But analysts saw positives for Wells in the $3.7 billion consent order.