Wealth management

Schwab’s new compensation study has some surprises, including where independent advisory firms are hunting for talent and what awarding stock options does for a firm.

Often-obscure factors affect the returns of individual funds that mirror similar indexes. Here's what you need to know.

Wealth managers are seeking to drive change by equipping brokers with resources to engage historically excluded groups.

The platform allows advisors to tailor portfolios that have characteristics including state-specific credits, ESG considerations, duration targets and other criteria.

Growth among Black and Hispanic CFPs saw double-digit percentage gains in 2021. But overall representation remains stagnant year-over-year.

The firm “has barely scratched the surface” of selling its technology to independent financial advisors and brokers.

The global bank is weathering a scandal-tainted year.

Gift tax returns and the wealth transfer strategies they reflect don’t face the same IRS logjams as individual returns.

The advisors felt “some familiarity and also some loyalty” after spending decades affiliated with the wealth manager’s independent brokerage.

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.

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.

Bank of America revamped leadership across its wealth management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.

As boomer advisors retire, look for younger advisors to push the way firms serve clients beyond the limits of what we have yet invented or even imagined.

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.

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 whiff of 1968 in the air. China’s “lying flat” movement has more than a passing echo of the U.S. counterculture of the 1960s and has found resonance around the world. It isn’t only the young and disaffected who are choosing to drop out. Two years into a global pandemic, the number of Americans choosing to retire early has been surging. It’s a perilous moment for them.

The time-saving investment management tool also requires a look under the hood to examine the funds inside the portfolios, financial advisors say.

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

Understanding how gifted money will impact the student’s FASFA is critical.