The surprise surge was led by traders, and by bankers who cashed in on a resurgence in dealmaking.
Industry veteran Jason Del Col joins the $3 billion firm as head of advisory.
Six advisors break away from the wirehouse to launch a firm in Alabama.
'We’re back to more normal, or maybe slightly below normal, attrition levels across the [financial advisor] business, which is good,' says CEO Charles Scharf.
The latest move covers almost 280,000 borrowers in the SAVE, income-driven replacement, and public service loan forgiveness programs.
The suit involved 13 advisors, all of whom joined Empower via its acquisition of Personal Capital, who departed to establish a rival advisory firm.
Succession concerns can be addressed by placing more focus on developing the next generation of advisors.
Industry groups express disappointment at the Office of Management and Budget's speedy review of the controversial rule.
The firm’s private wealth unit is welcoming a team of former Goldman Sachs advisors in the Big Apple.
The regulator’s crackdown centered on the firms' use of hypothetical performance data and led to a total of $200,000 in penalties.
The bank raised its expense guidance for this year to about $91 billion.
Dani Fava is joining the firm as its chief strategy officer.
A total five new leaders have been appointed at the $24.6B firm this month.
The asset manager has acquired a stake in OpenAI.
Asset manager is reportedly in talks with Castlelake.
Inaugural study finds more than two-thirds expect at least mild growth in the stock market, while nine-tenths brace for continued volatility.
'The problem is, when an NAV gets shaved, advisors and investors get pissed off,' one executive says.
The firms are deepening their longtime tech collaboration to create a unified alternative investments solution for Baird's more than 1,300 advisors.
The SEC and other federal regulators are reportedly probing the banking giant over its anti-money-laundering and client vetting practices.
An asset protection trust is a type of trust that some advisors recommend. How does it protect investors’ assets? Read on to know more
