Wealth management

Should the board use 1% of its budget for its own oversight? A former board chairman responds to this proposal.

The firm is snapping up five- and 10-year notes as it predicts slowing inflation and trade tensions will push the Fed to lower its benchmark 75 basis points.

It may seem counterintuitive, but differences of opinion can improve an organization.

An advisor of 36 years, Jay Mastilak moved to Stifel from Wells Fargo.

The custodial bank says it has reimbursed the affected clients with interest.

Clients seeking to recoup some $14 million in damages have received only 12% of their total claims, according to an SEC-appointed receiver.

Many relatively straightforward products have boosted their holdings of lower-rated bonds and emerging markets to juice returns.

The RIA adds $600M in AUM with its third acquisition of the year.

“We are not delaying and we are not changing the standard,” Chairwoman Susan John says of pressure to weaken the board’s tougher guidelines in line with the SEC’s Reg BI.

Recruitment is ongoing — not a one-time sales pitch.

Digital transformation will only accelerate, a technology consultant tells wealth managers.

Despite changes in the new law aimed at scrapping a penalty for most new couples, those from high-income households may owe more this year.

Almost four in 10 borrowers are under the age of 30, according to data from the Federal Reserve Bank of New York.

An ex-client accused the firm of misconduct, including disbursing funds to her former spouse from a restricted account without her knowledge or authorization.

The firm's chief has led growth to an expected $1 billion in revenue this year from $7 million in 1998 when she joined. It's a matter of embracing the sector's evolution, she says.

The 18-month-old Sanctuary Wealth caters to breakaways but is also open to independent advisors as well, CEO Jim Dickson says.

A successful recruiting strategy isn't enough to keep a financial planner put.

The combined AUM of the top 10 companies has soared by 60% to more than $770 billion over the past five years.

It’s not as easy as hanging out a shingle. Advisors and back-office employees need to master certain traits.

The offering validates the explosive growth seen in the independent channel, experts say, which has now grown fast enough to catch the eye of retail investors.