Economy

The deal also marks the latest expansion of Goldman’s European operations.

Wall Street’s self-regulator says recent data show that only mid-sized and smaller firms would have fit its new “red flag” criteria.

Market watchers are tracking people’s movements through airports, subways and restaurants for clues to the US economic recovery.

Joining an existing RIA has its appeal, whether as a final destination or as a way station on the path to full independence.

The wealth manager has opened more ways to affiliate with the firm by starting to tap M&A deals with a sizeable pipeline for more in the future.

With succession plans fueling the industry’s continuing records in M&A deals, one firm is trying to address the challenge through its acquisition strategy.

Financial advisor Alan Kodama’s team aligned with the No. 1 IBD as it reeled in $35 billion in recruited client assets in the second quarter.

Despite fewer incoming advisors, CEO Ron Kruszewski says the company’s pipeline is strong and extending to the independent channel.

It’s important to have intergenerational conversations with clients and their families.

The nation’s largest independent broker-dealer aims to boost expansion even more, and it’s not ruling out launching its own bank.