Wealth management

Industry recruiters see the changes as intended to make client assets and advisory teams "stickier" and to retain executive talent.

In sunny Huntington Beach, California, Advyzon CRO John Mackowiak spoke about the industry's direction — and what he liked best about the oceanside festival.

After the SEC's decision, Americans can finally invest in a fund whose underlying asset is bitcoin. But should they?

The broker-dealer group is questioning the Department of Labor's plans to replace a simpler rule adopted by the Trump Administration to determine when workers qualify as direct employees.

Expanding its wealth arm will be a "huge focus" of the megabank, according to its CEO.

As tax-friendly as the rules are for HSA funds during an individual's lifetime, they can become much more punitive for funds left over after the original account owner dies.

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.

A turbulent 2023 led to fourth-quarter declines in net new assets, net income and banking deposits at the financial firm.

The banking giant's plans are an outlier in an industry that has been shedding jobs.

With few new advisors coming into the industry but total U.S. assets growing rapidly, Morgan Stanley, Wells Fargo, Merrill and others are having to up their compensation game and distinguish themselves in other ways if they want to capture a larger share of the wealth pie.