Industry News
Industry News
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The board granted Dimon a $1.5 million salary and $34.5 million of performance-based incentive compensation.
January 19 -
Expanding its wealth arm will be a "huge focus" of the megabank, according to its CEO.
January 18 -
The firm's net income, client assets and advisor headcount all grew last year, according to a new SEC filing. But experts see trouble under the surface.
January 17 -
The megabank's Personal Financial Management transaction helped drive some record metrics in 2023 for its wealth and fund segment.
January 17 -
A turbulent 2023 led to fourth-quarter declines in net new assets, net income and banking deposits at the financial firm.
January 17 -
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.
January 16 -
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.
January 16 -
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.
January 12 -
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.
January 11 -
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.
January 10 -
The Canadian lender continues to look south of the border for growth in its wealth management business.
January 10 -
Winning multi-millionaire clients looks different today for advisors — here's what's changed, a Cerulli study reports.
January 9 -
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.
January 8 -
Crypto insiders expect the SEC to announce several key decisions on Jan. 10, which could determine the future of the proposed spot-backed ETF.
January 8 -
We asked hundreds of wealth managers what they expect for their industry in the year ahead. Here's what they told us.
January 5 -
In wide-ranging interview, CEO James Gorman warns that proposed banking rules would drive up interest rates for first-time homebuyers.
January 5 -
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.
January 5 -
Both sides say no deal is happening, but rumors are swirling about the owndership of Ken Fisher's eponymous firm.
January 3 -
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.
January 2 -
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.
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