The exit of the shuttered regional bank's wealth arm to JPMorgan overshadowed a highly profitable year for the BNY Mellon unit that houses the giant custodian.

The asset and wealth division helped drive the gains, posting its highest quarterly revenue in two years on a gain tied to the sale of a financial-management business. That helped counter fixed-income trading results and investment-banking fees that fell short of expectations.

As a whole, the megabank saw its net income rise by 9% in 2023's final quarter. But its wealth management unit was another story.

The renewal of a major clearing and custody contract reflects how the BNY Mellon-owned firm is trying to win business from a burgeoning cast of rivals.

For advisors seeking a type of independence that defies industry norms of success, two female CFPs have launched a co-op promising to be a firm of one's own.

The Canadian lender continues to look south of the border for growth in its wealth management business.

Winning multi-millionaire clients looks different today for advisors — here's what's changed, a Cerulli study reports.

At least one industry consultant thinks the large fintech provider has lost its "innovative spirit" since Bill Crager took over from his fellow founder in 2019.

Crypto insiders expect the SEC to announce several key decisions on Jan. 10, which could determine the future of the proposed spot-backed ETF.

We asked hundreds of wealth managers what they expect for their industry in the year ahead. Here's what they told us.

In wide-ranging interview, CEO James Gorman warns that proposed banking rules would drive up interest rates for first-time homebuyers.

In terms of both economics and global events, 2023 was a year of instability. In 2024, financial advisors expect more of the same — but they have a plan for how to handle it.

Both sides say no deal is happening, but rumors are swirling about the owndership of Ken Fisher's eponymous firm.

In addition to talking Allspring's modern custom SMA and direct index platform, the industry veteran was happy to see everyone come together under the sun.

The dynamic duo hit the beach at Future Proof 2023 to represent Wealth.com and let advisors know that estate planning doesn't have to be so hard.

Strains on U.S. consumer spending such as rising delinquency rates on credit cards largely indicate that Americans' debt is returning to pre-pandemic levels.

Explore the last year in Financial Planning magazines. Read each article, or download a digital version.

The combined net worth of the 500 richest people surged by $1.5 trillion in 2023, fully rebounding from the $1.4 trillion lost the year prior.

Musk, Zuckerberg, Benioff and Altman couldn't avoid standing in a negative spotlight.

Dallas saw three of Wall Street's largest banks start on new campuses this year, cementing their bets on one of the fastest growing metros in one of the fastest growing states.