Morgan Stanley

The new hire comes after the wirehouse said it would cut back on recruiting.

Outlook for faster growth is supporting developing-nation bonds despite the increase in U.S. and European rates over the past year.

Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.

The firm needs a digital advice offering for clients who don't want a traditional relationship, CEO James Gorman said.

Convinced that clients want as much human interaction as ever, the Wall Street firm is using machine learning to help its financial advisers stay informed and work efficiently.

If a farm machine run by one person replaced nine laborers, why wouldn’t that analogy apply to the business of investment advice and asset gathering?

Artificial intelligence can help wealth managers serve clients better, but some say the technology is too immature to be useful right now.

Naureen Hassan says tools in development will make advisers "faster and smarter" in serving clients.

The online experience should reflect what it’s like to work with you.

His move is also something of a reunion, as Steward Partners CEO Jim Gold once served as his manager at Smith Barney.