Corporate finance

The firm raises its predictions after finding that fewer customers are shifting cash in pursuit of higher yields.

In an earnings call, an RBC executive says the firm decided to raise its account yields in response to higher Fed rates because "the right balance was to allocate some of that rising rate to our customers."

UBS executives estimate their plan to raise rates on certain accounts will cost the firm $50 million. A new suit cites that as evidence that the firm "violated its obligations to its clients."

The Swiss banking giant said a planned change to its yields on clients' uninvested cash will take a $50 million bite out of its net profits.

Find all of the figures from Financial Planning's latest annual study of brokerages whose financial advisors aren't employees of the firms.

Advyzon has grown for more than a decade using the strategy that all technology should be built in-house, even if it takes longer.

The latest push-pull episode between the giant firm and its large branches came to light in its earnings call. Unanswered questions loom large for its future.

The regional wealth manager reports losing 41 advisors in the second quarter, although its headcount was still up 4%.

The surprise announcement of their exit distracted from some record metrics and the firm's indication that it will be keeping its cash sweep yields the same.

Ameriprise Financial reported higher second-quarter earnings driven by its wealth groups.