Economy

The updates include access to the ultrahigh-net-worth portfolio management and customer relationship management systems.

The regional BD adds two teams with $373 million in assets.

In the first full year under Atria Wealth, the firm added programs from banks and credit unions with $7 billion in assets.

The move will merge capital-markets teams across wealth management and the investment bank in the U.S.

The firm is looking at a range of “different opportunities” for potential wealth management deals, CEO Jim Cracchiolo says.

The company hopes to recruit new advisors by taking a version of its home office tour on the road.

The slowing is part of an overall industry slowdown that experts don’t think will last.

Despite ongoing consolidation among investment management platforms, the fintech's chief executive says there's plenty of space to serve advisors who have clients with complex needs.

Is there a lesson for other advisors considering a career change?

Increased captive insurance coverage due to expanded business in 2018 was a primary driver of a three-year high in regulatory spending, the firm says.

CEO Ronald O’Hanley says the poor performance reflects both the industry’s “continued challenging conditions,” as well as “lower client activity.”

The firm, along with the broader asset management industry, is focused on ways to expand its global reach amid mounting pressure for growth.

C. Allen Parker was interrupted more than a dozen times as he tried to deliver opening remarks at the bank's its annual meeting.

Shelley O’Connor, who co-led the unit with Andy Saperstein, will now oversee two bank entities.

People familiar with the matter said that Centerbridge Partners is in talks to buy the four-firm, 6,500-advisor IBD network.

The advisors join from Merrill Lynch, Raymond James, U.S. Bancorp and Investment Professionals.

Three of seven new hires came from wirehouses.

The fintech company, which was forced to rebrand its cash management product last year after misleading marketing caused a backlash, is seeking a national bank charter.

Blucora’s wealth management unit is transforming while showing some impressive results. But is the firm moving too fast?

On Wall Street analyzes starting payouts at leading wealth management firms.