Toronto-Dominion Bank, the Canadian bank that’s been expanding through acquisitions, is weighing a deal for the brokerage firm Cowen, according to people familiar with the matter. 

The investment group accuses the regulator of “failing to apply consistent treatment to similar investment vehicles.”

The bank plans to grow the wealth unit and regain investor confidence by focusing on priority markets like Hong Kong and Singapore

Missouri-based UMB Financial says it would acquire 157,000 accounts across more than 3,000 employer groups from Old National Bancorp in Indiana.

The results come from the College for Financial Planning’s first cohort of scholarship winners.

Atlantic Union in Virginia made the most of its four-year foray into the registered investment advisory business, but it decided to take a step back after concluding one of its banking clients would do an even better job and that it could invest the proceeds elsewhere.

The comply-or-explain component is radical for a securities exchange and could have a big impact on the more than 3,000 companies listed on the exchange.

The private equity-backed firm and other giants of the industry are deploying their capital across new and existing lines of business.

Once the province of wealthy investors thanks to high minimums, creating your own custom stock index can now cost less than a gallon of gas.

In an industry where diversity and inclusion have historically been lacking, women advisors and investors are making significant inroads on their way to the top.

The wealth manager has leveraged massive resources across its three channels, but it’s not altering its approach to the continuing breakaway movement.

The wealth managers respectively recapitalized as the spigots of capital keep expanding in the industry, even amid signs for concern in the larger economy.

The award from Invest in Others, a nonprofit whose board features prominent financial firms, honors practices with extensive volunteering and charitable giving.

Federal prosecutors in Manhattan are investigating the bank over allegations that it conducted so-called fake interviews with nonwhite and female job applicants, The New York Times reported Thursday.

The market makers are developing a crypto offering with help from Fidelity and Schwab that would increase access to digital assets.

Investors are also increasingly skeptical of the claims by some sustainable investment funds.

Wells Fargo, which has been dealing with a series of scandals and regulatory issues, has temporarily halted the use of diversity guidelines for hiring after a report that staff held fake interviews with minority candidates to satisfy in-house rules.

Black Americans in 2019 had one-sixth the wealth of white Americans on a per capita basis, according to new research.

On Feb. 16, Financial Planning published a story regarding a settlement between the SEC and CMG Capital Management Group of Malvern, Pennsylvania relating to CMG’s use of data involving the hypothetical backtested performance of one of its algorithmic investment trading strategies. CMG agreed to the settlement, neither admitting nor denying the allegations. The story contained an error, which we are taking this occasion to further correct.

“Investomania” aims to tamp down the game-like nature of Robinhood-style investing.