Wealth management

A judge’s decision puts new pressure on the brokerage industry watchdog and the SEC.

Across the country, banks of all sizes are investing in the wealth business as a way to deepen customer relationships, capture recurring revenues and tap into a massive transfer of wealth from baby boomers to Generation X and millennials. A lot of money is up for grabs, but maybe not enough to go around.

As more investors look to make portfolio allocations based on their values, we explore what ESG ratings can do — and what they can't.

The Goldman Sachs Partner Family Office, led by Lisa Opoku, will offer Goldman executives and alums the same suite of wealth management services provided to clients.

Wells Fargo’s stock took off last year amid signs that Charlie Scharf is making progress in his efforts to turn the lender around.

R. David Yost and his soon-to-be-former son-in-law are slugging it out in court over allegations of tax evasion.

Deutsche Bank promoted Charlie Burrows to oversee the expansion of the bank’s wealth management unit across the southeastern U.S., as the German lender builds out its business of catering to the ultrarich.

This elite group of young wirehouse and regional employee representatives collectively generate more than $200 million in annual revenue.

The advisors’ success offers lessons for aspiring wealth professionals and brokerages aiming to change a predominantly white and male industry.

UBS agreed to buy the U.S. robo advisor Wealthfront for $1.4 billion in cash, the first major acquisition of a fintech company under Chief Executive Ralph Hamers.

U.S. bank stocks are headed for their worst losing streak in a year, burning investors who bought shares on expectations that the Federal Reserve raising rates for the first time since 2018 would boost the sector.

Bank of America revamped leadership across its wealth management business, placing more responsibilities on current heads Andy Sieg and Katy Knox.

Apollo Global Management has launched a new direct lending platform that offers individual investors access to large corporate loans, making it the latest non-bank lender to try to take advantage of soaring demand for private credit.

Royal Bank of Canada Chief Executive Dave McKay said the lender may seek to add to its wealth management unit in the U.S. and Europe through smaller, targeted acquisitions.

Bank of America is donating $100 to local food banks and hunger-relief organizations for employees who register their COVID-19 booster.

Goldman Sachs is boosting its wealth management and consumer banking business as part of a strategy outlined by Chief Executive David Solomon to make it less reliant on trading.

Credit Suisse Group named Francesco De Ferrari to head its global wealth business and appointed new heads for the Americas and Switzerland, as the bank reorganizes after one of its most difficult years since the financial crisis.

The ruling may offer hope for Gwen Campbell, who alleges that JPM’s private bank is “poaching” and “siphoning” her celebrity clients’ assets away from her management and paycheck.

Bank of America is turning to private jets and exotic cars to compete with American Express and JPMorgan Chase and lure big spenders to its credit cards.

Banco Bradesco, Brazil’s second-biggest bank by market value, is partnering with the Miami-based fintech BCP Global to offer digital investments to upper-middle-class and rich Brazilians.