Economy

A Manhattan real estate transaction is highlighting the shifting fortunes in global finance.

These areas have slower home price appreciation and more favorable mortgage rate and wage conditions.

The move is intended to improve CRM integration and search optimization.

Macroeconomic trends and matters of convenience will move advisors, assets and markets next year in the ever-changing wealth management space.

Six major trends to watch next year include M&A and the breakaway broker movement.

It’s the latest losses for the wirehouse, which has suffered from advisor attrition.

The regulator details numerous (and familiar) compliance failures in its annual summary of exam findings.

Jason Chandler will oversee the firm’s roughly 6,900 advisors.

Ninety million Americans have an adversarial relationship with their finances, says Dee Choubey, CEO and founder of MoneyLion.

Wealth management transaction activity will reach a record level for the sixth straight year in 2018, according to one forecast.

Andy Sieg, head of Merrill Lynch Wealth Management, will join the management team of the company, reporting directly to CEO Brian Moynihan.

The rarely dinged firm joined peers grappling with two issues: mutual fund fees and supervision of advisors who've been sanctioned multiple times.

The funds carry a fee eight times larger than the 0.08% charged by the least expensive energy ETF run by Fidelity.

The regulator bills the move as the latest effort to bring transparency to the challenge of unpaid awards.

As advice becomes democratized, investors will define what the industry should prioritize, argues the head of the hybrid digital advice firm.

The regional firm launched its seventh new office this year.

The firm will test markets in a few cities next year in a bid to keep pace with a shifting wealth management landscape.

The representative had already been permitted to resign and suspended by state regulators, but the firm lost its case for additional damages.

The broker-dealer has also appointed a new northeastern regional director for its independent contractor division.

AdvisoryWorld will operate as an independent subsidiary under the No. 1 IBD while adding new offerings for its 30,000 advisor and institutional clients.