Economy

The long merger trend among the broker-dealers behind the bank channel is likely over, and new banks are not joining the channel in a major way. Where will TPMs find growth?

Facial recognition software is more efficient and accurate than any questionnaire, says the IBD's chief executive, Robert Moore.

The Swiss firm picked up a team that oversaw approximately $900 million in client assets.

The broker, who had been with the bank for 21 years, went independent with backing from Dynasty Financial Partners.

These firms reported the highest share of accounts topping $100,000.

The wirehouse announces another huge hire weeks after saying it would be cutting back on recruiting.

The two advisers generated $7 million in annual revenue, according to their new employer.

The challenges of new regulations may actually allow independent firms to grow and thrive—particularly those which embrace these four advice-centric features.

The wirehouse had held back on finalizing some aspects of its fiduciary implementation plan until the rule's fate was clearer.

The investment services programs of Athens Federal Community Bank and Androscoggin Bank command $201 million in client assets.

Revenues have slumped, but what’s rising may be a better indicator of the years ahead.

KeyCorp acquired the personal financial management tool for an undisclosed sum.

A clear path has emerged after historic revenue drops among the top independent broker-dealers.

See which independent broker-dealers outpaced their peers at the top line.

This interactive tool gives you the ability to evaluate independent broker-dealers.

The wirehouse's latest hire has 21 years of industry experience.

Executives think algorithmic assistants will be a better solution for wealthy clients than mere software allocating assets for the masses.

The advisers say they want provide better services to female clients.

Bank of America's soon-to-be-released virtual assistant, erica, is being trained to provide personal finance advice.

The former JP Morgan Private Bank adviser focuses on wealthy Latin American clients.