AI Push at Wirehouses Already Bearing Fruit, Execs Say ...

The continued growth of financial advisors' allocation to exchange-traded funds has helped push assets held collectively in the funds to new highs, according to a new report from Cerulli Associates.

Janney Montgomery Scott announced that it has added four advisors from UBS and Morgan Stanley with a total of $550 million in client assets.

Financial advisors working with ultra-wealthy clients may want to ensure that they have a working relationship with the clients' spouses as well if the advisors are to benefit from so-called "sideways ...

The Securities and Exchange Commission is being prodded by industry lobbyist Securities Industry and Financial Markets Association to update its rules governing retention of employees' communications ...

UBS has poached a J.P. Morgan executive and academic to help steer the firm's adoption of artificial intelligence. Raymond James announced that it has tapped a former Merrill Lynch executive to lead ...

Charles Schwab is expanding its relationships with registered investment advisors through added capabilities and programs like Advisor ProDirect for breakaway advisors, Chief Executive Officer Rick ...

LPL Financial has pulled a financial advisor duo to its employee advisor channel, Linsco, from regional brokerage Janney Montgomery Scott. Advyzon has hired seasoned MoneyGuide executives to oversee ...

Leveraging Career Growth to Retain Talent Offering clear career paths is not only enticing, it is a strategic advantage. A defined road to advancement signals a long-term future, clear expectations, ...

Goldman Sachs is continuing to build out its wealth management business, as client assets reach a record $1.8 trillion, Chief Executive Officer David Solomon said on the company's Tuesday earnings ...

UBS has partially prevailed in its legal case against three of its former advisors who jumped ship for RBC Wealth Management last month.

Edelman Financial Engines Chief Executive Officer Jay Shah has stepped down from his role after a little over two years on the job. Raymond James announced that it has added a financial advisor ...