The wealth manager has primarily expanded through recruiting and M&A since its last major deal to acquire Hilliard Lyons.

The incident began when James Iannazzo ordered a drink without peanut butter for his son, who has a peanut allergy, according to a statement by police.

FINRA alleges the firm failed to maintain control of billions of dollars in securities and spent more than a decade inaccurately disclosing potential conflicts of interest.

Firm may be less nimble, CEO Penney more transparent after shares float, analysts say.

Here's what you missed this week in wealth management.

Individual investors who were ahead of the S&P 500 for most of 2020 have been stuck behind the benchmark since early 2021 as stay-at-home and meme stocks struggled.

CEO James Gorman set a goal of 30% after the wirehouse’s gains easily outpaced rising expenses from compensation and the E-Trade deal.

A dozen years after CEO Shirl Penney launched the RIA platform and TAMP, it seeks capital to supercharge its rapid growth.

The bank’s wealth management business celebrated record revenue, client flows and client balances in it’s latest earnings statements.

The company divided its largest division into two and added tens of billions of previously unreported dollars to the key business metric.

The bank’s consumer and wealth management business produced $2 billion in revenue in Q4, contributing to full-year revenue of $7.5 billion.

Officials said for nearly a decade, former New York advisor Perry Santillo defrauded clients to throw six-figure birthday parties and fill his closet with $10,000 suits.

Growing client assets, a rebounding economy and a more efficient approach led to an 86% boost in net income for Wells Fargo.

There’s “a pretty good chance” that the U.S. will outpace current expectations for this year, the megabank’s CEO says.

Here's what you missed this week in wealth management.

FINRA Senior Vice President Gerri Walsh talked about the importance of advisors and financial education as she testified before the Senate Special Committee on Aging.

The COVID-19 pandemic's resurgence is wreaking havoc on companies' return-to-work plans.

Keith Todd Ashley has been arrested, jailed and indicted multiple times in connection to murder, fraud and a fabricated suicide.

As private equity muscles into wealth management's fastest growing niche, it's injecting Wall Street business practices into financial planning.

Simpson was a “Hall of Famer” as an investor and “the best investment manager in the property-casualty business,” according to the Berkshire Hathaway CEO.