Corporate finance

The firm plans to focus on raising money for products that lock up capital for several years, according to people with knowledge of the matter.

Fear of a liquidity plunge outweighed political risks in a recent JPMorgan survey.

The two firms' boosts came amid equity headwinds — and both wealth management units now have nearly 4,400 financial advisors.

The aggregator introduces banking services and says it will continue to acquire new firms.

There is no secret formula but there are some time-tested calculations that can reveal a firm’s productivity, or lack thereof.

In a bid to further enhance its capabilities for advisors, the firm is also slashing ETF transaction fees on select funds later this year.

Advisor headcount reached 2,160 advisors for the first quarter, up a net 43 from the year-ago period.

Michael Arougheti says the move his firm took last year has already boosted stock liquidity and expects it will lure more investors to alternatives.

The Invesco QQQ Trust dropped as much as 0.6% after Google’s parent company reported first-quarter sales below Wall Street estimates.

CEO Walt Bettinger says advisors tell him they aren’t worried about the new pricing model.