News

Former Snappy Kraken exec Diana Cabrices debuts her new outsourced chief evangelist offering, aimed at wealthtech companies, this week.

1834, a division of Old National Bank, offers a single point of contact for high-net-worth wealth management clients.

Its faltering attempts to develop a stream of steady, repeatable revenue stand in stark contrast to its rival’s resilience in asset management.

In a call detailing Morgan Stanley’s Q4 earnings, Chairman and CEO James Gorman said he expected the company’s wealth and investment management businesses to become a larger portion of the firm’s pre-tax profits.

As portfolio performance becomes the top concern among clients, one in four have either thought about switching, or switched, financial advisors in the last three years, a YCharts survey found.

“We are not in retrenchment mode,” CEO Ralph Hamers said at the World Economic Forum in Davos.

A lot can be learned listening to clients’ experiences working with financial advisors—good and bad. We talked to Dennis Shirshikov, a strategist with Awning, a real estate investment platform.

Merrill Lynch Wealth Management President Andy Sieg said we are in a 'bull market for advice.' Meanwhile, in its quarterly earnings, Wells Fargo reported a slight dip in its headcount over 2021.

The company run by Barry Silbert is dealing with changes and challenges within some of its biggest subsidiaries following the sudden collapse of FTX.