A woman suing JPMorgan Chase for facilitating her sexual abuse by Jeffrey Epstein claims Jes Staley "personally observed" that abuse when he was the bank's head of private wealth.

UBS Group doesn't plan to make the large-scale job cuts seen at global peers as the business of making investments for wealthy clients continues to see robust growth, Chief Executive Ralph Hamers said.

At Future Proof 2022, the recently designated CFP discussed why the event was different from typical wealth management conferences.

The megabank set aside more than $1 billion in reserves as it confronts mixed economic signals and keeps adding more teams to its wealth ranks.

The group of 70 financial advisors left Advisor Group's Securities America to focus on expansion with the help of a rival to its prior firm.

Level Four Financial sees its parent accounting company and flexibility as disruptive forces for a midsize firm in a field dominated by giants.

Coinbase Global is firing about 950 employees, or 20% of its workforce, as the worsening crypto slump spurs another round of layoffs at the biggest U.S. digital-asset exchange.

At Future Proof 2022, the award-winning CFP shared her tips for aspiring wealth management professionals and her thoughts on breaking into the field.

The recruiting and M&A transactions bring another record year to the finish line ahead of an expected slowdown in 2023.

With teams managing some $9 trillion in client assets expecting to retire over the next 10 years, the results of Cerulli's survey carry massive implications.

A report from the bank's asset management division shows that American women are financially ill-equipped for retirement and suggested how employers can help.

The wealth management industry continues efforts to confront long- standing diversity issues. But those putting in the work know there is a long way to go.

The Schwab Benchmarking Study has some concrete advice for advisory firms that need to hire tens of thousands of employees over the next five years.

Advisor Group surpassed LPL at the top of the list, but consolidation, complexity and change remained the key themes in a highly competitive channel in 2022.

The two Black financial advisors dropped their case, but constant litigation in the industry spotlights questions over firms' pledges to change.

Advisor Group, Ameriprise, Cetera, Commonwealth, LPL and Raymond James are getting bigger and streamlining a crowded field of business as they go.

After helping to build up the largest IBD over more than a dozen years each with the firm, they've landed in recruiting and financial advisor support roles.

The incoming recruits from midsize rival LaSalle St. come as the top IBD sets headcount records and acquires the $40-billion asset Financial Resources Group.

The bank is moving away from direct wealth management services in order to tap into an unmet need for many independent financial advisors, its CEO said.

Bank of America is slowing hiring as fewer employees leave in an attempt to manage the company's headcount ahead of a possible U.S. recession, Chief Executive Brian Moynihan said.