Corporate finance

The RIA holding company reports a 30% rise in revenues and 30 M&A deals.

CEO Philip Sanders admits the past two years of the segment’s overhaul have been “a grind,” but he says it’s now ready to grow.

The firm has been picking off talent from rivals, primarily wirehouses.

Dan Arnold deployed a five-pronged argument for why consolidation is a recruiting boon for the No. 1 IBD.

The Advice & Wealth Management segment added 72 experienced advisors who affiliated in the second quarter.

While bond investor anxiety previously focused on how the funds respond to abrupt withdrawals, skeptics are now homing in on secondary trading.

The firm isn’t “the high bidder,” and that’s just fine, according to Paul Reilly.

Profitability is improving and all divisions, except the firm’s biggest — wealth management — surprised the market on the upside.

The declining headcount comes even as the firm pulls in several big hires.

Investors wary of an intensifying trade war have piled into the firm's bond products, boosting net flows to $151 billion, according to the company.