News

Wells Fargo CEO Charles Scharf said the bank’s business remained 'strong' despite the recent banking crises, while JPMorgan Chase’s wealth division boasted a YoY net income boost of 36%.

The U.S. Department of Justice sent a letter to the SEC regarding its plans for the most sweeping overhaul of Wall Street stock-trading in more than a decade.

OneDigital acquired Huntington National Bank’s 401(k) and retirement plan business this week, while Clearstead Advisors picked up local firm CLS Consulting. The Mather Group and NewEdge Wealth both announced key hires.

Silicon Valley Bank is not going to take your clients’ investment portfolios down with it.

Investors care more about the quality of the advice and relationship with their advisor than portfolio returns, a recent Morningstar survey found.

The four who registered with Cynosure this week join a growing number of SVB advisors who have departed the beleaguered bank.

Harris also stakes in the NBA’s Philadelphia 76ers, the NHL’s New Jersey Devils and Crystal Palace FC of the English Premier League. 

Mack led Wells Fargo Advisors from 2014 until mid-2016.