UBS plans to conduct two rounds of layoffs, the first one starting next month, as it goes into the final scheduled year of the integration of its failed rival Credit Suisse, people familiar with the ...

The Securities and Exchange Commission 's Office of the Investor Advocate — an independent office tasked by Congress to help retail investors — took aim in its most recent report at digital payments ...

The Financial Industry Regulatory Authority has accused Spartan Capital Securities, its senior staff and dozens of its brokers of generating millions of dollars in revenue at the cost of its customers ...

Which Firms Saw 2025 Coming?

Wells Fargo Advisors says it has added four financial advisors who oversee a total of $687 million in assets. Rockefeller Capital Management 's wealth management unit has lured more financial advisors ...

Wells' FiNet Touts New FA Affiliates ...

Kingswood Capital Partners is the latest firm to get sanctioned in connection to sales of illiquid alternative assets known as "L bonds" issued by GWG Holdings.

Just over 660 people have had their information compromised due to a data breach on the legacy computer system of registered investment advisor Tufton Capital Management, a firm acquired by Mercer ...

Dealmaking volume in the wealth management space jumped in the third quarter and is likely to continue at its current level or rise next year, according to a new report from PwC.

Financial advisors serving clients who have $20 million or more in investable assets tend to offer a broader set of more complex services, such as private banking, than other advisors, according to a ...

Investment advisors continue running into issues complying with aspects of the recently amended marketing rule having to do with testimonials, endorsements and ratings, according to the Securities and ...

The firm has partnered with U.S. Bank and is also in the process of establishing its own bank. Edward Jones ' efforts to expand its banking capabilities will help its advisors deepen relationships ...