Wirehouses

The firm alleged a former broker breached the terms of his contract when he left the firm just over two years in.

Activities unfolding within 3 separate industry rulemakers -- the SEC, FINRA and the Labor Department -- suggest changes ahead for both brokers and advisors.

Demand is high for experienced executives across all channels. While advisor migration to independent RIAs remains the dominant trend, large wirehouse and bank players are also very much in the game for talent.

Mary Mack, Wells Fargo's new brokerage chief, plans to put more retail clients into managed accounts as the largest U.S. firms nudge advisers away from picking individual stocks.

The first U.S. exchange-traded fund tracking China’s domestic stocks will lure investors seeking exposure to a broad range of industries in the biggest emerging economy, according to Societe Generale SA’s private bank.

Mitsubishi UFJ Financial Group’s securities joint venture with Morgan Stanley will take a majority stake in the Japanese bank’s wealth-management business, deepening ties between the two firms.

With the launch of a new Institute for Sustainable Investing, the firm is looking to add $10 billion in client assets to its socially responsible investing platform.

Wells Fargo President and CEO Danny Ludeman discusses the challenges of marketing and winning new business.

U.S. Trust's Keith Banks says being a part of bank of America helps him deliver more than just wealth management services.

Bob McCann, CEO of UBS Group Americas, says while independent channels are making in-roads and can't be ignored, the threat doesn't keep him awake at night.

Tash Elwyn, President of the Private Client Group at Raymond James, discusses succession planning.

Morgan Stanley's Greg Fleming sees managed accounts as the crown jewel of his business, and expects only minor changes in wealth management in the coming decade.

Merrill Lynch's John Thiel predicts that in the not-too-distant future, RIAs will grow up to look just like their wirehouse competitors.

In this special expanded report on wealth management, On Wall Street’s editor interviewed ten of the most influential executives in the industry to find out where the business is heading, what challenges keep them up at night, and how they’re working to create a sustainable business model that puts clients first while maximizing company revenue, all in the face of increased regulatory scrutiny. Read their insights and observations in the State of Wealth Management.

Deutsche Bank's Chip Packard and Haig Ariyan discuss lessons the industry learned in the past five years.

Patrick O'Connell, Ameriprise Advisor Group, Executive Vice President, says the issues relating to Baby Boomers heads the list of vital issues for the market.

After an investigation reveals mislabeling, advisors told to stop describing themselves as "fee-only" on the CFP website.

The agency's chief administrative law judge has dismissed a commission order instituting cease and desist proceedings against two UBS executives in Puerto Rico for allegedly misleading mutual fund investors.

Net inflows from wealthy clients in emerging markets slowed in the third quarter according to the world’s largest private bank for the rich.

Banks have aimed their efforts too broadly at the mass-affluent, a diffuse and broad swath of customers. Instead, they should pursue the “rising mass affluent,” a segment with the most potential for accumulating wealth, according to Booz & Company.