Banking

In the first full year under Atria Wealth, the firm added programs from banks and credit unions with $7 billion in assets.

Despite ongoing consolidation among investment management platforms, the fintech's chief executive says there's plenty of space to serve advisors who have clients with complex needs.

CEO Ronald O’Hanley says the poor performance reflects both the industry’s “continued challenging conditions,” as well as “lower client activity.”

The investment platform, which is in the early stages of development, will be part of Marcus, the firm's consumer bank.

Startup or low-AUM firms have options outside of the big four.

Clients are increasingly favoring accounts suited for emergency spending, research shows.

President Andy Sieg sees room to add to the firm’s ranks in novel ways.

The technology provider to financial advisers is partnering with Advisor Credit Exchange to help them connect their clients with banks and nonbanks for consumer and business loans.

The firm’s fixed income and currencies trading unit head is among the high-profile executives to leave, according to people familiar with the matter.

Forward-looking firms are implementing digital advice offerings that can take them beyond allocating to a model portfolio.