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A new high in loan volume and a notable influx of advisory AUM drove the wirehouse’s business to more than half a billion dollars in second-quarter net income.

The Houston, Texas-based firm was also censured and required to retain an independent consultant.

The world's largest asset managers voted against many more directors than the previous year based on climate and racial equity issues.

Titan plans to challenge Fidelity and BlackRock and attract younger generations to active investing.

Institutions with notable holdings in multiple firms across industries are less likely to panic sell, according to the researchers.

The wirehouse is the latest firm to have its financial advisors called out publicly by the regulator for disregarding warnings about holding the ETNs for a long time.

Firms automating a once little-known investment strategy have become one of the hottest areas for wealthtech acquisitions.

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

CEO James Gorman says the company has created something new by adding Solium and E-Trade to its existing force of financial advisors.

The managing director was arrested for two domestic violence incidents over a three-week period.

Now’s the time to think about how to leverage the benefits so we’re prepared when the technology reaches commercial viability, says Adam Schouela

While the bank’s second-quarter earnings disappointed, wealth management services, driven by Merrill Lynch, were a bright spot.

Higher equity values and client activity pushed up the major custodian’s revenue in the second quarter, despite significant headwinds.

The Securities and Exchange Commission is ramping up enforcement against cryptocurrency providers, as the Internal Revenue Service has also stepped up investigations and compliance efforts.

FINRA arbitrators decided not to hold the major custodian liable for transactions prior to 2008, an attorney for the clients says.

Yet there is concern the Delta variant of the coronavirus may spread and spear policy actions that could slow economic growth.

Private equity firms are jostling to invest in financial advice firms that they think may become cash cows.

The megabank announced second-quarter revenue of $4.1B for the Asset and Wealth Management unit, with net income of $1.2B.

The firms agreed to censures, the settlement payments and to cease-and-desist orders tied to their alleged misconduct.

Raymond James’ advisor employee headcount has remained relatively flat over the last five quarters, while its 1099 channel saw an increase of 3% over the same time period, according to the company’s latest earnings report.