Wells Fargo is wrapping up the process of regulatory requirements necessary for lifting a $1.95 trillion asset cap next year, ...

Citigroup embraced its wealth management business as a potentially major cash cow several years ago, but it's now resorting ...

Three-quarters of firms have hired new talent each of the past five years — a rate that is not projected to slow down, Schwab ...

Kenneth Welsh pleaded guilty to four counts of wire fraud and one count of investment advisor fraud and is facing decades in ...

With its latest strategic investments, Summit Financial has now added 16 strategic partnerships this year. Summit Financial ...

Likewise, UBS' 2025 advisor compensation plan offers enhancements for advisors who connect clients with banking capabilities.

The all-cash deal values Canadian asset manager CI Financial, including its U.S. wealth business, at nearly $8.7 billion.

The Securities and Exchange Commission has delivered on its commitment to have firms admit guilt more frequently in the ...

Securities and Exchange Commission Chairman Gary Gensler is stepping down as head of the agency on Jan. 20 — the day ...

Morgan Stanley's own risk team found in early 2022 that 60% of international accounts its advisors were trying to open had missing documents, overstated income and other errors, the Journal wrote.

The Securities and Exchange Commission has charged a former financial advisor in California with running a two-year-long cherry-picking scheme. From August 2020 to October 2022, James Burleson, the ...

The U.S. Court of Appeals for the District of Columbia Circuit ruled Friday that Finra may lack the necessary authority to kick out firms for misconduct in an expedited matter without first seeking ...