Coronavirus

Wealth management firms should define success by how well their operations perform under pressure, Kestra Financial COO Kris Chester says in an episode of Financial Planning’s podcast.

The industry outranked asset classes including private equity and venture capital, which have historically ranked higher in a Credit Suisse survey.

The number of pending sales dropped annually in 17 of the top 35 metro areas, data show.

Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

As much as $16 trillion of global wealth may be wiped away this year as a result of volatility and economic fallout from the pandemic.

The extension also applies to Americans living abroad who would otherwise generally have had a filing deadline of June 15.

The rollover period has been extended to Aug. 31, allowing some clients to breath a sigh of relief.

Leveraging big data, machine learning and artificial intelligence will extend stock selection beyond its current capabilities, according to Procure Holdings President Bob Tull.

The firm employs just short of 70,000 people in 50 countries and had 80% of its worldwide staff at home during the height of the pandemic

"The stillness of the time produced by the pandemic quarantine has put age-old issues in the spotlight,” writes Visionary Leader Awards judge Dasarte Yarnway.

Tax pros share what they’re telling clients about relief for the jobless during the pandemic.

In a new twist on an old scam, cybercriminals have tried to get thousands of people to surrender their Wells bank account information by sending authentic-looking emails containing malicious links that lead to a fake website bearing the company's name.

The judges sought innovations that would make a lasting impact on the business of financial advice. We found them.

While determined to capitalize on the distortions created by the coronavirus, the bank says the offering won’t “act as vulture investors.”

With her innovative, rapid-fire leadership, the recipient of this year’s individual award is giving nearly 2,000 aspiring planners unprecedented entree into a profession sorely in need of them

Granular sensitivity and remarkable speed characterized the overnight virtualization of the firm.

The fund from ETFMG Managers Group will track companies focused on testing and treatments of infectious diseases.

Companies that connect advisors and carriers are seeing a surge in use.

The Small Business Administration and the Treasury Department unveiled a simpler loan forgiveness application for the Paycheck Protection Program to reflect changes under the PPP Forgiveness Act.

As inflows soar and market dislocations vanish, an industry that consigned to history two major disruptions of the pandemic crash is back.