Wells Fargo joins Morgan Stanley, Merrill and Ameriprise in facing questions over its handling of clients' uninvested cash.

Rising expenses from increasing asset values in client accounts also put a dent in the unit's bottom line in the second quarter.

Firms that haven't been afraid of generous recruiting offers have shown the greatest growth in recent years.

Huntington Investment Company is accusing a former advisor of resigning with no advance notice and then using confidential information to drum business from ex-clients.

Amid the painful backdrop of history and the scale of the present-day challenges, pro bono financial advisors are focusing on their clients.

Sources familiar with the case say Nicholas Takahashi's name surfaced on a Wells Fargo website long after he had left to work for a competitor.

An industry lawyer says the firm's liability in a complex insurance-related scam will hinge on what it "should have known" or "must have known."

The ban comes amid heightened regulatory scrutiny of firms' messages on services like WhatsApp and posts on social media sites.

Industry experts who track comings and goings at large firms say the advisor staff figures often obscure more than they reveal.

The first three months of 2024 were hard on Wells Fargo — particularly for its wealth management division.

Led by CEO Jack Ginter, Callan Family Office reached a milestone that he says will enable the firm to invest in technology and ultrahigh net worth advisor recruiting.

A pair of former wealth managers contend they were yelled at and suffered other retribution after raising concerns about sharing clients' information without their knowledge.

Barry Sommers comes in for high praise amid his firm's attempts to move beyond the banking scandals of its past.

Bitcoin has risen more than 40% this year following the successful introduction of the exchange traded funds.

U.S. adults are intensely worried about their finances — and their kids are even worse. Here's how advisors can help, and foster new clients in the process.

The firm's big tech investments and history working with banks attracted Wintrust, the CEO of its wealth division told FP.

Wells Fargo's Charlie Scharf and Morgan Stanley's James Gorman recorded the biggest gains among the CEOs whose compensation has been disclosed so far.

Brendan Krebs sees his firm as standing out with its three-pronged structure: a traditional wirehouse, branch-based advisory and an independent channel.

Helen Grace Caldwell told her employees about her side film hustle but neglected to add that her clients were helping her fund it.