Wealth management

The training and certification organization chose a former bank and nonprofit official to lead its new Center for Economic Empowerment and Equality.

The unit has $603 billion of assets under management and employs more than 450 investment professionals.

Prior to the deal, the company had been making deeper forays into traditional wealth management custody.

The fintech firm says use of the loans grew 10% last year among its client base.

The dispute highlights the complicated nature of non-solicitation carve-outs when advisors switch firms.

Holders of donor-advised funds increased their disbursements last year in response to urgent demands for greater charitable contributions to cope with the COVID-19 pandemic.

The agreement will expand the companies’ recruiting efforts in the bank and wirehouse channels.

Financial firms globally have raised about $25.5 billion of sustainable-linked debt this year, according to data compiled by Bloomberg.

Much of the industry’s skepticism centers on the cryptocurrency’s unpredictable price swings and the lack of things it can buy since its creation.

Rae becomes one of the few women leaders in financial services.

Arrogance, naiveté and that chief suspect, procrastination, can all undermine best laid advancement plans, writes recruiter Mark Elzweig.

With its latest plans, the firm aims to become the world’s next financial super-app, akin to Chinese giants Alipay and WeChat Pay.

With offices in seven other states, Cresset Asset Management seeks to expand its reach to Texas.

Funds at the top have notched triple digit returns in the last year.

Industry insiders discuss how they are using fintech to meet evolving client demands.

More than one-third of U.S. brokerage clients opened their first accounts in 2020, according to new research from the FINRA Foundation.

Companies with a high level of intellectual capital tend to be less cyclical and that capital -- patents, trademarks, ideas -- gives them a bigger moat to defend against competitors.

It may seem simple enough, but identifying how advisory firms are growing is a bit more elusive, John Furey writes.