RIAs

The CEO of the RIA "roll-up" outfit thinks that ongoing industry consolidation doesn't necessarily mean all firms will start to look the same.

An industry recruiter said the Bank of America subsidiary has become almost "unhinged" with the amount of money it's willing to offer advisors it's recruiting.

The Bank of America wealth management subsidiary joins Morgan Stanley and Wells Fargo in no longer divulging how many financial planners it has on the payroll.

The firm's wealth management business saw strong new assets inflows in the first quarter, particularly from its business catering to family offices.

The departure comes amid continued turn at the head of the bank's wealth management ranks.

Executives say the results show the wisdom of the firm's deliberate decision to focus on high net worth clients.

The banking giant nonetheless saw strong growth in net new assets in the first quarter and a 14% jump in returns from asset management fees.

The top European regulator worries that big executive pay checks are leading to 'alienation between companies and the people.'

Survey results from the payment processing firm AdvicePay suggest fee-for-service models for financial planning continues to grow.

A magistrate judge finds the clients' family failed to put forward 'legally sound' claims that JPMorgan breached any duties by putting an elderly couple into risky securities tied to oil and gas.