From C-suites down, American finance is quietly reassessing its promises to level the playing field — and, in many cases, rolling them back.

Stubbornly persistent differences between white and Black households' income and assets present financial advisors with the big-picture implications of their work.

Is it possible to keep saving for retirement after you've lost your job? A former tech worker in New York asks the experts.

An industry report finds the largest independent brokerage, with its supported independence offering, had the biggest net headcount gain last year.

The firm's big tech investments and history working with banks attracted Wintrust, the CEO of its wealth division told FP.

Too many clients are having important conversations with financial planners who don't share a similar background. That needs to change.

Yesterday's historic "firsts" blazed a trail for those of today — with a moral and business imperative for the industry to learn from these five figures' examples.

LeCount Davis was the first African American to earn wealth management's "gold standard" of certifications. Today he's helping others do the same.

Though she is widely considered the first African American woman to be a stockbroker, some blurriness surrounds what is known about the rest of her life story.

She mixed outspoken activism with business pragmatism, launching a bank that helped hundreds of African Americans buy homes in her longtime community.

Inspired by the examples of his grandmother and his mother, the Houston fixed-income legend launched one of the largest Black-owned investment management firms.

White Americans still have twice as much retirement wealth as savers of color, research shows. Here's what experts recommend to shrink the gap.

The Providence, Rhode Island, company has recruited a head of wealth management advisors and a head of private wealth managers as part of a new strategy to reel in high-net worth clients.

The firm's recruiting chief shared the latest updates with FP amid record financial advisor headcounts and an effort to expand beyond its traditional label as an IBD.

The profession displays a stunningly high rate of attrition in the first year. Here's how wirehouses and regional brokerages must try to change with the times.

Net income topped $1 billion in 2023 as the firm reached another record headcount and CEO Dan Arnold said there are "interesting questions" to answer about AI.

The co-founder of an internship program pairs aspiring financial planners and career changers with financial firms looking to widen their talent pools.

The roughly 100 incoming financial advisors to the firm's Financial Institutions Group softened the impact of a regulatory charge of $30 million.

It's way past time for the industry to apply a core investment concept — diversification — to achieve gender equality in its ranks.

Phil Waxelbaum, a longtime industry recruiter, talks about what large firms can do and are doing to remain attractive to long-standing advisory teams with sizable sums under management.