Current head of Wells Fargo's wealth unit Jon Weiss will move to the corporate and investment banking division, as part of a larger reorganization at the bank. The search for a replacement is under way.
John Bahnken said the merger between Citizens Bank and RIA Clarfeld Financial Advisors could be a successful example of a bank/RIA partnership.
A new Vanguard Research study indicates that advice, both human and algorithmic, can help investors diversify.