(Bloomberg) -- UBS Group AG, the world’s biggest manager of money for rich people, imposed a partial hiring freeze at its wealth-management business as part of efforts to cut costs, said two people with knowledge of the matter...

Big U.S. banks looking to wealth management to shore up their profits may have to wait for another year according to analysts, who expect market volatility to keep the business subdued throughout 2016...

SYM Financial Corp.’s roots go back 60 years—plenty of time to have explored a few business iterations. The firm sold insurance and other products and operated a record-keeping business for 401(k) plans. Then, in the early 1990s, the...

Derek Holman and Brian E. Parker had a leg up on their peers when they founded EP Wealth Advisors, an RIA in Torrance, Calif., in 1999. The two, ages 43 and 42, respectively, have been friends since middle school and each served as best man at the...

Jeff Dekko, chief executive at Wealth Enhancement Group in Plymouth, Minn., says his hybrid RIA has big expansion plans, but he denies buying businesses simply for their size. He wants the firm to become a national brand known for its financial...

With the Department of Labor’s release in April of rules governing new fiduciary responsibilities for advisors who advise on retirement plans, FAs large and small are beginning to come to terms with what will be expected of them. For the...