Corporate finance

The firm is testing a new robot designed to execute corporate-bond trades directly with bots at dealer counterparties.

“We are embracing the bank model,” Chief Financial Officer Stephen Scherr said.

CEO Dan Arnold describes the firm’s tech-fueled advisor strategy.

To accommodate its burgeoning brokerage force, the firm opened 42 new branches last year.

Jim Cracchiolo predicts the number of advisors will go back up, but he says the firm places more importance on boosting the size of their businesses.

The firm is drawing heightened interest from advisors generating between $1 million to $5 million, according to CEO Paul Reilly.

In the first episode of Financial Planning's new podcast series, Tobias Salinger talks with advisor Dasarte Yarnway about how he “fought and clawed” his way into the profession and discusses the ambitious goals he’s working toward for his RIA, as well as the industry.

The wirehouse boosted profitability even as advisor headcount dropped.

The custodian has made three big announcements. The connection between the three may not be obvious, but together, they indicate what I think could be a brilliant strategy.

The firm plans to entice new customers through its stock plan administration and financial wellness businesses.

When the world’s wealthy look for a bank to entrust with their personal fortunes, Goldman Sachs isn’t necessarily on their speed dial.

The firm typically trains its own advisors in lieu of recruiting talent from the competition.

Advisors should be increasingly aware of how banks are shaping client expectations.

The firm added 40,000 new accounts last year and hit a record $3 trillion in client balances.

Fueled by a rebound in trading, especially in fixed income, the company said profit jumped 21% in the fourth quarter.

The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.

The No. 1 IBD adapted the Envestnet planning software to its digital advisor workstation as it looks for ways to maximize advisors’ efficiency.

About $2 billion of assets will be available to the company’s retail clients.

Before picking a tech vendor for your firm, you might want to have a chat with Carson Group President Teri Shepherd, who speaks with the benefit of hard-earned experience.

The firm hasn’t made any decisions about advisor retention bonuses, but some top shareholders will earn tens of millions of dollars once the deal closes.