(Bloomberg) -- Deutsche Bank AG is pushing ahead with plans to become one of the world’s top five wealth managers as the business outlook for European banks worsens because of the Brexit vote and Italy’s banking crisis...
The asset management industry had its weakest year since the 2008 financial crisis, with global assets under management in 2015 growing a meager 1 percent from the prior year to $71.4 trillion, and net new flows into funds slowing for the third...
Many industry rankings of independent broker/dealers focus on total advisor headcount. While that metric can shed light on the size, scale and recruiting prowess of a firm, the business is no longer simply about sheer manpower. Instead...
(Bloomberg) -- Signaling a shift in enforcement tactics against big companies that make money from intellectual property, federal tax officials have sought a court order demanding internal corporate records related to one of Facebook Inc...
The House of Representatives passed a bill last night that would make it easier for financial advisors to report financial abuse of the elderly. The Senior Safe Act of 2016 would protect financial institutions and advisors from legal liability if...
