The head of Wells Fargo Wealth and Investment Management also announced a search for an operations executive to further improve the unit’s efficiency.

With the death of the DOL’s fiduciary rule, the firm will go back to allowing brokers to collect commissions for clients’ retirement accounts.

Opportunity funds are both innovative and controversial.

Is SigFig going global?

The equity management company says the index is “the most thorough measurement of U.S. private companies’ performance.”

Focused on innovation, the fund is separate from the work of Alexa von Tobel, Northwestern Mutual’s chief innovation officer and CEO of LearnVest.

Leadership said that they expected a successful IPO would spur interest from would-be sellers of advisory firms, though they declined to offer specifics.