Wirehouses

Independent planners can not win a battle against Wall Street unless they find a way to defeat well-funded lobbyists in the industry.

Bank of America's Lisa Carnoy, one of Wall Street's highest-ranking women, is moving from head of the global capital-markets division to an executive role in the U.S. Trust wealth-management unit.

Deutsche Bank's wealth management unit has recruited former-Barclays advisor Chris Guttilla.

Morgan Stanley Wealth Management's profits were up for the first quarter, following strong growth in fee-based assets and interest income. Overall, the bank's profits grew to $1.5 billion in the first quarter of 2014.

Bank of America’s wealth management unit reported a modest increase in profits and a surge in advisor productivity, but the bank suffered a net loss for the quarter as litigation expenses related to the financial crisis rose to $6 billion.

RIAs are gaining market share of assets, although wirehouses will still control nearly $6 trillion by 2016, the research firm predicts.

Credit Suisse Group AG, the second- biggest Swiss bank, reported a slump in first-quarter earnings as a drop in debt trading weighed on investment-banking profit.

The wealth management industry has weathered recent storms and is set to set to meet future challenges, says Morgan Stanley's Greg Fleming

Profits for the firm's wealth, brokerage and retirement division surged in the first quarter, up 41% year-over-year. And with $19 billion in cash on the firm's balance sheet, are acquisitions in store?

Washington Wealth Management has recruited two advisors from UBS and Wells Fargo, where they collectively managed approximately $150 million in assets.

Advisor group Cohen Financial Management has joined Raymond James Financial from J.P. Morgan Securities, where the team generated annual revenues in excess of $4.2 million.

Switzerland's biggest bank hired 88 advisors this year to service rich Asian clients after assets at its wealth management business in the region jumped 38% in the past two years.

Baird reported record revenues for 2013, and added a former-Wells Fargo advisor as branch manager for its Charleston, S.C. office, marking its twelfth recruitment so far this year.

Employees are putting more money into their 401(k) plans and Health Savings Accounts, according to a new study from Bank of America Merrill Lynch.

A graying workforce. A homogenous culture. New technologies. With its future at stake, the wealth management industry is finally confronting its many challenges.

Benjamin Edwards is luring away talent from Wells Fargo, boosting its presence in the Midwest and New England.

Former UBS banker Mark Zaino walked out of court a free man Thursday after a federal judge chose to impose no further sentence on him for his role in rigging municipal bond contracts.

An advisor team which managed more than $600 million in assets at Merrill Lynch has left the firm to join Morgan Stanley.

Errors and omissions insurance premiums are rising. A proposed fiduciary standard for advisors would drive the cost up further, according to insurance specialists.

Raymond James is recruiting the industry's top talent at the expense of the wirehouses.