The industry needs to remain on guard for proposals from lawmakers seeking to squeeze more coin out of existing revenue streams, or open up new ones.
Former regional director replaces Chandler, who will run wealth management.
In a letter to UBS staff and shareholders, Knight Vinke said the bank should split up its investment bank and wealth management units.
Bank analyst sees wirehouses as big winners in wealth-management industry recovery. Light at the end of the tunnel?
Focus on wealth and asset management paying off as revamp from capital-heavy activities accelerates.
Famed investor likes bullion -- if it falls to $1,300; commodity yet to set a 'proper bottom
Adviser recommends that clients have 5% to 10% allocated to the precious metal
Mixed signals from global economic uncertainty, currency war.
The battle between Finra and Schwab over class-action waivers is not done. Lawyers say the case could get swept up in the national debate over consumer rights -- and ultimately end up before the Supreme Court.
More brokerage firms are expected to demand that customers give up their right to file class actions against them
An adviser building an equity portfolio is very likely doing so around global benchmark indexes such as the S&P 500 or the MSCI EAFE, but according to American Funds, there is a better way.
But financial advisers warn such moves could cost you more
New data indicates more Americans are deciding that the cost of hanging on to U.S. citizenship is too much of a tax burden.
