The total number of CFP professionals topped 95,000 for the first time. While the percentage of women and racially diverse certificants grew from the previous year, the pool continued to mirror the industry’s diversity as a whole.

For IBD advisors who don’t choose the retirement route, many say they’ll focus on their own RIA business, if they’re reclassified by the DOL as employees, according to a new survey commissioned by FSI.

The 50,000-square-foot office space in midtown Manhattan will house six RIA acquisitions that are now part of CI's private wealth business.

1834, a division of Old National Bank, offers a single point of contact for high-net-worth wealth management clients.

Its faltering attempts to develop a stream of steady, repeatable revenue stand in stark contrast to its rival’s resilience in asset management.

In a call detailing Morgan Stanley’s Q4 earnings, Chairman and CEO James Gorman said he expected the company’s wealth and investment management businesses to become a larger portion of the firm’s pre-tax profits.

As portfolio performance becomes the top concern among clients, one in four have either thought about switching, or switched, financial advisors in the last three years, a YCharts survey found.

“We are not in retrenchment mode,” CEO Ralph Hamers said at the World Economic Forum in Davos.

Merrill Lynch Wealth Management President Andy Sieg said we are in a 'bull market for advice.' Meanwhile, in its quarterly earnings, Wells Fargo reported a slight dip in its headcount over 2021.