Wirehouse advisors

Researchers wonder if similar regulatory attention could eventually hit the bottom lines of independent broker-dealers and RIAs.

Like its Wall Street rival Morgan Stanley, Citi sees a path to trillions in client assets in its workplace division.

The latest appointment comes amid Citi's continued overhaul of its executive ranks and wealth business.

The banking giant nonetheless saw strong growth in net new assets in the first quarter and a 14% jump in returns from asset management fees.

Barry Sommers comes in for high praise amid his firm's attempts to move beyond the banking scandals of its past.

A lawyer says the industry has been on notice at least since the "Boom Boom Room" scandal of the 1980s that hostile workplaces won't be tolerated.

Greg Wilson of the Wall Street giant's Asset & Wealth Management unit wants to provide employees with tailored plans using a blend of technology and personal financial coaching.

Industry recruiters see the changes as intended to make client assets and advisory teams "stickier" and to retain executive talent.

Two frontrunners have emerged as possible successors to the long-serving CEO, but even more potential candidates wait in the wings.

The change comes over massive overhaul as the mega bank seeks to build divison under Sieg.

Officials are looking into the banking giant's anti-money laundering measures with clients outside the U.S.

The former employee is accused of shuffling information to two friends.

The planned sale marks another step for the Wall Street giant away from previous plans to work more with retail customers.

Lisa Opoku follows Julian Salisbury out the door of the Wall Street stalwart.

Wealth management lifted the firm's bottom line, as the unit's revenues rose 11% over the past year and it hauled in assets across multiple channels.

Plaus had planned to leave the bank after March 31. But Merrill head Andy Sieg's sudden departure for Citigroup triggered an executive shuffle.

Bank of America's Merrill Lynch arm has been steadily rolling out digital products since 2020, most recently a program for advisors to produce short videos.

Combining the two Swiss megabanks means more assets and a bigger brand for UBS. But it could be a heavy lift, slowing U.S. advisor recruitment.

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

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