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The wirehouse boosted profitability even as advisor headcount dropped.
January 22 -
The firm plans to entice new customers through its stock plan administration and financial wellness businesses.
January 16 -
The firm added 40,000 new accounts last year and hit a record $3 trillion in client balances.
January 15 -
The size of the firm's class compares with 145 last year.
January 15 -
The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.
January 14 -
The bank created a new unit that houses its Marcus online lending business and credit-card venture with Apple.
January 7 -
The changes are the firm's latest steps in a broad reorganization of its wealth management business since it hired Iqbal Khan from rival Credit Suisse.
January 7 -
More often than not, wirehouses were on the losing side of these moves.
December 30 -
“Everything’s on the table for consideration,” the bank's chief financial officer told investors. “He’s certainly not beholden to decisions that we made previously.”
December 27 -
Competitors such as Merrill Edge have taken similar measures on commissions.
December 12