Performance reports

As smaller firms flourish, a less sophisticated approach may become more attractive.

The firm expects to add $10 million in revenue once the deal closes later this year.

Market skepticism is one of several hurdles for RIAs, says Walters. Compliance fears are another.

A career path with established performance goals has become a critical element of compensation.

Provide more effective feedback by making it part of everyday work and make assessments more forward-thinking.

Profits rose 8% year-over-year at the bank's Global Wealth & Investment Management unit, which includes Merrill Lynch and U.S. Trust.

The number of financial advisers at the firm declines 1% to 15,042.

The wirehouse may be headed for a third straight disappointing quarter in wealth management, its biggest division.

The weak performance was due to challenging market conditions, which reduced assets under management and client activity, the bank's CFO said.

BlackRock plans to cut about 400 jobs in what may be the biggest round of layoffs to date at the world’s largest money manager, according to people with knowledge of the matter.

The nation's biggest brokerage firms took a beating last quarter.

The Shanghai Index slid more than 6% after outflows from China reached a record $1 trillion last year, more than seven times that of 2014.

Turmoil returned to global markets as oil plunged and U.S. stocks sank to the lowest levels in 21 months, fueling a rush into haven assets.