Industry

The RIA, founded and led by CEO Joe Duran, would be rolled into Goldman’s existing wealth management business in an effort to target more mass-affluent clients.

The firm will launch a trust company to bring more services to its wealth management clients in the country.

Emmanuel Roman said benchmarking the money manager against others is a mistake. Falling behind on technology and new entrants into the markets are what worry him most.

Advisors need to pitch impact investing to their clients before other wealth managers do.

SB Wealth joins SA Stone Wealth Management, the former Sterne Agee broker/dealer, now a subsidiary of INTL FCStone.

The deal, announced Thursday, comes with a promise the firm's management team will remain intact and advisors will be incentivized to stay.

Asset management fees are falling, but the cost to investors remains 'stubbornly high,' said Morningstar CEO Kunal Kapoor at the opening of the research firm's annual investor conference in Chicago.

The Swiss multinational investment bank continues to face compensation claims from brokers after shuttering its U.S. banking unit in 2015.

Speaking on a wealth management panel at Anthony Scaramucci’s SALT Conference, executives pointed to the influx of capital from investors outside of the industry driving up valuations of RIA firms and accelerating the pace of mergers and...