The suit, filed in 2016 in the Circuit Court for Broward Country, Florida, alleged that Wells ran "an elaborate fraudulent scheme" that included charging the trust set up for the benefit of Seminole ...

Morgan Stanley paid Co-President, Head of Investment Management and Head of Wealth Management Andy Saperstein $27 million for his work in 2024.

Gettel has been in the industry since 1983, when she registered with Waddell & Reed. She later moved to B.C. Christopher Securities, General Securities Corp., BMA Financial Services, Locust Street ...

Wilson became notorious during the past two years for persistently calling a bear market as the S&P 500 rallied through all of 2023 and much of 2024 until turning bullish in November last year.

Last week's tariff-induced market downturn triggered an increased amount of uneasiness and concern for investors, but financial advisors mostly say they're telling clients to ride out the volatility ...

Bettinger, who joined Schwab in 1995 and had led the firm as CEO since 2008, earned the same base salary of $1.5 million last year as he did in 2023 and received the same $11 million in stock awards ...

Ethic will give SSGA a competitive edge by bolstering its direct-index capabilities, which the firm previously offered "in some form," such as those distributed through Envestnet 's UMA platform, ...

Another plan being discussed by the GOP would raise the top tax rate on incomes greater than $626,350 from the current 37% back to 39.6%, the rate that had been signed into law by Obama, Bloomberg ...

Morgan Stanley has shuffled its wealth management field leadership in New Jersey, appointing Sarah Pittman to the role of market executive for the Central New Jersey market, according to an internal ...

Raymond James ' newly minted chief executive officer, Paul Shoukry, is touting advisors' affiliation freedom as his firm tries to widen its lane alongside private equity–backed registered investment ...

Swiss-based UBS is at a major disadvantage against its American rivals because of European banking regulations, particularly when combined with the firm's integration of former rival Credit Suisse, ...

Bank of America has promoted two executives to oversee overhauled business lines, including a newly formed unit tasked with overseeing offerings for consumers through Merrill Edge, according to ...