Industry

"Bumpy times ahead," and "a rude awakening" are just a couple of gloomy statements coming from Wall Street executives.

At the MarketCounsel Summit, executives with Advisor Growth Strategies questioned the certainty that rising interest rates will result in a cratering of M&A activity.

Goldman Sachs and Bank of America executives also warned of hiring slowdowns due to the uncertain economic outlook.

Schwab Advisor Services looks at how RIAs are sweetening the employment pot to attract top talent.

The Miami-based team led by Rodolfo Rake and Santiago Rey is focused on serving Latin American clients at home and abroad.

Vadim Zlotnikov, president of Fidelity Institutional Asset Management Solutions for almost three years, has been named to lead the realigned division.

Advisor Group has been quietly implementing changes to its pricing structure, including a new bundled affiliation fee and annual fee for directly held mutual fund positions.

Reps for First Allied Securities, the San Diego–based independent broker/dealer that's been in business since 1994, will integrate into sister company Cetera Advisors.

Wealth Plan, with its 'Work with an advisor' icon, is now available for free on the Chase Mobile app and the bank's website.