Q2 profit tops estimates as iShares inflows and private markets bets fuel BlackRock's asset surge.
Investment banking fees rose 30% on a wave of IPOs and megadeals, led by the largest public listing on record.
Series A funding from Portage, Bain Capital, and other investors will fuel data tools designed to speed advisor transitions and cut onboarding delays across wealth firms.
The Minneapolis-based RIA aggregator is adding two North Carolina practices managing nearly $1 billion, pushing its total client assets past $158.2 billion.
The successor to the MFO's former CTO, who departed to join Dodge & Cox in April, followed the same career path CEO took through First Republic and JPMorgan.
The five-advisor group leaves U.S. Bank for LPL's platform, part of a record June that saw 204 advisors join the firm.
Meanwhile, Wells Fargo lures defectors from UBS and JPMorgan to expand in the East Coast, while another bank aligns itself with RayJay's financial institutions division.
Agentic AI is landing in trading, treasury and wealth management roles across major banks, with advisory functions as the next frontier.
The Elevation Point-backed multifamily office adds two advisors from Inscription Capital as Texas cements its status as a wealth hub.
Financial disclosures show the president moved crypto proceeds into traditional assets even as the broader market of digital assets slumped.
