Hester Peirce and Caroline Crenshaw appeared before a remote hearing of the Senate Committee on Banking, Housing, and Urban Affairs to discuss their concerns and ambitions for the commission's future.

Wells Fargo Securities senior bank analyst Mike Mayo called the performance 'worst-in-class wealth management.'

The housing market continued to attract buyers looking for more space and attracted by low interest rates.

While advisor headcount continues to fall, wealth management revenues were up, and the firm posted some strong growth overall in the second quarter.  

Revenue at the wealth unit of Goldman Sachs, which includes the old United Capital, rose 7% year over year to $1.1 billion, while assets under management rose by $49 billion sequentially to $558 billion.

Federal Reserve officials appear to brace for a prolonged recession, according to Forbes. Biotech properties are attracting a lot of investor interest in a pandemic, reports the Wall Street Journal. These are among today’s must reads from around...

Wells Fargo's wealth unit reported net income of $180 million during the second quarter, down 70% year over year and 61% sequentially, as advisor head count continues to shrink.

Recruiters say top Black candidates have learned to be skeptical.

The REIT sold $500 million in green bonds after the offering was boosted by strong investor demand.

This year, J.D. Power measured advisor satisfaction at both the employee and independent firms.