CEO Charlie Scharf is making classic changes to streamline and reduce costs at Wells Fargo's Wealth and Investment Management unit, which houses Wells Fargo Advisors.
FirstBank’s investment unit, with 17 advisers, had been affiliated with LPL Financial.
Chuck Crist, Chuck Gillingham and Ryan H. Jones are joining the firm's employee channel in St. Augustine, Florida.
The greatest value we add as financial advisers is keeping clients from making mistakes from which they cannot recover.
Countless wealth management firms, insurance companies and fintech providers are promising to deliver financial wellness, but few can offer a coherent definition, let alone a clear approach to providing it.
Net new households at the wirehouse in 2020 declined 37% year over year, the company reported Tuesday. The pandemic clearly hampered advisers' efforts to reel in new clients, a push at the firm since 2016.
A survey of advisers found that those at firms with racial and ethnic minorities employed in management roles were more likely to say that their firms were inclusive and that they were comfortable broaching diversity issues with senior leaders.
With advisers serving a more diverse group of clients than ever before, discussions about emotionally charged topics may become unavoidable.
We resolve to increase the breadth of topics we bring to our adviser audience because we know clients are expecting and needing more right now.
As the industry tackles diversity, conversation becomes a challenge. But, inclusion requires including everyone who wants to do good and letting them ask the questions that matter.
Independent broker-dealers saw gains in recruiting coveted wirehouse advisers despite the massive disruptions caused by COVID-19. Firms are also building out registered investment advisory platforms to lure advisers.
The managing director at Miracle Mile Advisors is passionate about giving back and sits on the boards of several charities, where he develops innovative ways for them to maximize their funds.
Former Morgan Stanley, Merrill Lynch advisers join Rockefeller in Boca Raton, Florida, and Chicago
In a curious development to a strange, twisting tale, Butowsky, managing director of Chapwood Capital Investment Management, offered an apology to the brother of former DNC staffer Seth Rich on Twitter — then deleted the tweet.
Two pairs of advisers in Lincoln, Nebraska, make the move, along with their staffs.
West Texas WealthCare will use JFC Financial as its office of supervisory jurisdiction.
It's a good time for firms to take stock of what’s working well and how they can ensure advisers are digitally empowered in the year ahead.
The truth is, your business can thrive in this 'new normal.' Learning effective ways to prospect virtually can be a huge competitive advantage to advisers who embrace it.
The attack on Jan. 6 highlighted racial injustice, according to some advisers, as wealth management firms prepare to double-down on diversity efforts aimed toward building a more inclusive industry.
The head of Oakwood Capital Advisors says ethics is high on the agenda for the coming year.
