Clients pulled about $8 billion from the wealth unit in the fourth quarter of 2018 as financial market volatility pressured both stocks and fixed-income assets.

As the economic impact of the shutdown grows, Betterment is offering affected federal employees free financial consultations.

The New York-based independent RIA will be called Opal Wealth Advisors.

Great-West Lifeco is selling its U.S. individual life insurance and annuity business to Dai-ichi Life Insurance Co.'s Protective Life Corp.

Chalice Financial Network promises the perks and privileges that come with being part of a member organization, a la Costco.

Flush with new capital, Independent Financial Partners is considering three acquisition targets ahead of its broker/dealer launch.

The boutique investment bank that specializes in financial sector M&A has worked on a number of deals involving wealth managers.

The two latest teams joined from Bank of America's Merrill Lynch.