JPMorgan has snapped up a Merrill Lynch advisor team producing $10 million in annual revenue from $28 billion in assets, the hiring firm announced Friday.

Cobb joined the financial services industry in 1996, registering as a broker and investment advisor with Merrill Lynch in Spartanburg, South Carolina, according to BrokerCheck and the SEC's Investment ...

The Federal Deposit Insurance Corp., the Office of the Comptroller of the Currency and the Federal Housing Finance Agency want to introduce mandatory clawbacks on some incentives in a bid to make ...

AlTi Global, which is expanding rapidly across the U.S. wealth management market, announced late yesterday its second multibillion-dollar acquisition in the past six weeks. The New York–based wealth ...

Wells Fargo has scored its third clawback victory in less than two months, recovering more than $1.1 million in damages against a financial advisor who was discharged in 2022 while under internal ...

RayJay Execs Unfazed by Industry’s PE-Fueled Need for Speed ...

It automatically builds thematic indexes that spotlight investments tied to emerging trends rather than tapping traditional ...

In the agency's 2024 Strategic Operating Plan, the IRS says it has sent out those 125,000 letters, in a bid to address a ...

DeVoe & Co. said it believes 2024 deal activity is set to surpass last year's. Deal activity in the registered investment advisor space has picked up momentum in the last quarter of 2023 into the ...

Hightower's crypto position is the largest so far reported by an RIA firm, according to WealthManagement.com, which adds that the $68,347,000 invested in spot Bitcoin ETFs represents about 0.1% of ...

A Financial Industry Regulatory Authority arbitration panel has pointed to newly amended rules on brokers' expungement requests ...

Raymond James will lean on its investment banking arm and use private investment offerings to aid its advisor force in doing ...