Subject Root Tag

The prescription for holding on to top talent at the major brokerages starts with compensation, writes recruiter Mark Elzweig.

The bank's cross-selling ratio has begun to sputter, raising questions about whether its aggressive sales approach is starting to chase off too many customers. The problem is more than Wells Fargo's, too, since so many banks have sought to imitate its strategy for selling each customer multiple products.

CEO Paul Reilly said the fast growing firm's pretax income for its Private Client Group fell 25% year-over-year, and said market volatility was creating headwinds. Yet advisor ranks have climbed to record high.

Earlier this year BlackRock, the largest asset manager in the world, announced that it would follow Fidelity and Federated in making changes to its money market fund offerings.

The decline was due to the fiduciary trust businesses moving to a more open architecture platform and a drop in AUM in proprietary mutual funds.

The firm has had "significant expansion" with fast-growing teams in Chicago and St. Louis, which it expects to continue.

Third Avenue Management was sued by an investor who said the firm failed to maintain adequate liquidity despite signs the fixed- income market was increasingly volatile.

RBC's newest recruits generated $1.8 million in annual production, the firm said.

The Obama administration wants to ensure its plans can withstand congressional opposition before the president leaves office, experts say.

In its second acquisition in a year, EP Wealth lands woman-owned RIA on its way to its growth target of $5 billion in AUM.

On Wall Street unveils the biggest producers under age 40 at the super regional and regional broker-dealers.

Record redemptions, regulatory pressure and market volatility took their toll. But these 10 open-end high-yield bond funds are the largest trading in the U.S., and we've ranked them by net assets.

The slide of steadfast high-yield bond funds has advisors and their clients wondering what comes next.

One planner sends an email saying: “Stocks periodically go on sale because people panic.”

When stocks tumble, retirement investors are advised to check market fundamentals to determine whether the drop is temporary or signals a broader decline; Plus, nine money apps to keep your clients' retirement planning on track.

When market volatility rears its head, even the best of us find ourselves questioning our financial plans. So here are answers to these frequently asked questions to set your clients' mind at ease.

An engaged client is a devoted client. Following these steps can create lasting bonds and provide a foundation for sustainable growth.

Turmoil returned to global markets as oil plunged and U.S. stocks sank to the lowest levels in 21 months, fueling a rush into haven assets.

Merrill Lynch hired Fabio Concesi as an international wealth strategist. Concesi previously worked at Citibank.

Voices: Mariner Wealth's Brian Leitner says it's okay to be anxious about technology. "It means you're paying attention to the forces that are driving the future of our business."