Wealth management

Executives say the results show the wisdom of the firm's deliberate decision to focus on high net worth clients.

It's that time of year again. Here's how to nominate a colleague — or yourself — for Financial Planning's Rising Star awards.

The first three months of 2024 were hard on Wells Fargo — particularly for its wealth management division.

The banking giant nonetheless saw strong growth in net new assets in the first quarter and a 14% jump in returns from asset management fees.

Citigroup reported lower first quarter earnings within its wealth unit compared to a year ago. But earnings overall have improved from the fourth quarter, when it took significant losses as it finishes a major organizational restructuring.

Only about a third of millennials have planned for what happens if they die or are incapacitated. Here's how financial advisors can help.

The SEC, the Office of the Comptroller of the Currency and other Treasury Department offices arre all looking into the Wall Street giant's anti-money laundering measures.

The top European regulator worries that big executive pay checks are leading to 'alienation between companies and the people.'

The new awards program will honor innovators who are developing and implementing technology that is moving the wealth management industry forward.

A planner needn't be an expert on all things estate planning to strengthen client relationships and expand holistic offerings.

Survey results from the payment processing firm AdvicePay suggest fee-for-service models for financial planning continues to grow.

After getting caught in the culture wars and suffering massive outflows, ESG funds looked down for the count. Here's what experts say is next.

The potential expiration of the Tax Cuts and Jobs Act leaves planners and their clients in limbo, but several strategies are in play today, experts said.

Nationwide found that women struggle to understand what to do with their savings once they hit retirement.

Wirehouses are struggling to manage complex compensation plans and retain their employees, among other issues they face.

How much is a garage space worth? After their parked car was destroyed on the street, one New York couple considers going to extremes.

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

Authors add that the asset class can still be a welcome source of diversification for investors who can stomach the risk.

Led by CEO Jack Ginter, Callan Family Office reached a milestone that he says will enable the firm to invest in technology and ultrahigh net worth advisor recruiting.

A magistrate judge finds the clients' family failed to put forward 'legally sound' claims that JPMorgan breached any duties by putting an elderly couple into risky securities tied to oil and gas.