At the IMPACT 2021 conference, CEO Walt Bettinger and head of advisor services Bernie Clark shared plans to grow the firm’s market share of independent advisors.

The giant custodian unveiled a new turnkey asset management and technology platform it says will boost its market share among RIAs and other advisory firms.

Although it makes more sense to hold a futures ETF like this one than to hold actual cryptocurrency, the same problems that plague all commodity futures ETFs will crop up, writes Jared Dillian.

The brokerage now manages $7.61 trillion across its retail and RIA custody businesses.

CEO David Solomon sees opportunity in the industry for further acquisitions and organic growth after the firm’s significant pivot in the last two years.

The bank’s wealth management unit has “underinvested” in its online and independent divisions, CEO Charlie Scharf said.

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

Bank of America beat 3Q Wall Street forecasts as it moves to ‘pre-pandemic pace.’

James Gorman says the wealth manager is seeing much better retention and recruiting due to its “multiple channels of growth” after several acquisitions.

The higher number of brokers in two of the megabank’s largest business segments reeled in higher client assets based on equity values and inflows.

Teams managing $7.5 billion in client assets flocked to Financial Advocates through referrals from other reps who had previously moved to the firm.

"Hopefully one day the industry changes and no one is surprised to see me at a top producer event due to my race or gender, or both," writes advisor Sandra Cho.

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

The average 529 account holds less than $29,000, which would pay for about half of a year of tuition at the average private university or a year or more at a public university.

New research compiled by consulting firm Aite-Novarica Group reveals how dually-registered and fee-only firms diverge in business model and clientele.

The PE-backed consolidators picked up firms with a combined $6.7 billion in client assets as high valuations and expansion plans bring sellers to the table.

An ex-executive with a firm acquired by the network three years earlier will lead FSC Securities as it seeks to grow in a competitive industry.

Sean Kaligh dropped Wells Fargo for LPL, as more planners leave wirehouses during the pandemic.

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

The big asset manager’s acquisition of O’Shaughnessy Asset Management is the latest in a string of similar deals by Wall Street.