Matrix Wealth Partners, in registering as an investment adviser last month, disclosed that it’s partly owned by former Lehman Brothers head Richard Fuld.
Wealth-management revenue climbed 3 percent to a record $3.99 billion, as profit jumped 16 percent to $891 million.
Billing errors affected more than 149,000 clients between 2002 and 2016.
Software from data-aggregation company Addepar Inc. is now used by the bank’s largest private-wealth teams
