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OneFPA frees up chapters
RIA NEWS DEC 12, 2018
OneFPA frees up chapters

The Financial Planning Association's move to relieve its chapters of many operational responsibilities will allow them to focus on delivering an exceptional experience for members.

Money manager finds path to Bay Area elite through bike riding
RIA NEWS DEC 11, 2018
Money manager finds path to Bay Area elite through bike riding

London-based Partners Capital co-founder creates strategy to build network by managing money for rich individuals.

Investors are biased against women, minorities, Morgan Stanley report finds
RIA NEWS DEC 11, 2018
Investors are biased against women, minorities, Morgan Stanley report finds

As a result, major profits are being left on the table.

UBS names new head of US wealth unit, seeks to capture more American billionaires
WIREHOUSES DEC 10, 2018
UBS names new head of US wealth unit, seeks to capture more American billionaires

Jason Chandler will take over from Brian Hull on January 1, overseeing about 7,000 advisers.

Fidelity dominates money-market industry as assets grow to $629 billion
MUTUAL FUNDS DEC 10, 2018
Fidelity dominates money-market industry as assets grow to $629 billion

The Boston-based fund company has added more than $50 billion this year, mostly from inflows.

Latest stock rout reignites the debate between bulls and bears
EQUITIES DEC 07, 2018
Latest stock rout reignites the debate between bulls and bears

Earnings, economic growth, Fed policy, trade policy and corporate credit are all in the mix as investors try to figure out which way stocks are heading.

Wells Fargo says it's cleaning up its mess. Regulators demand more
WIREHOUSES DEC 07, 2018
Wells Fargo says it's cleaning up its mess. Regulators demand more

Federal Reserve reportedly rejected parts of the bank's turnaround plan.

A mastermind of survival, Credit Suisse CEO must now jump-start a turnaround
RIA NEWS DEC 07, 2018
A mastermind of survival, Credit Suisse CEO must now jump-start a turnaround

After keeping things from deteriorating, Tidjane Thiam sets his sights on returning the bank to its previous glory.

All those points you racked up are at risk in Marriott hack
FINTECH DEC 06, 2018
All those points you racked up are at risk in Marriott hack

Hackers who gain access to rewards portals can redeem consumers' hard-earned points and miles for gift cards or hotel stays.

Baird lands $228 million team from Oppenheimer
INDEPENDENT BROKER DEALERS DEC 05, 2018
Baird lands $228 million team from Oppenheimer

Richard Fisher and Dan Sullivan have joined the firm as senior vice presidents and financial advisers. Together, they generate more than $1 million in annual revenue.