Sergio Ermotti, UBS' CEO since 2011, has steered the firm away from capital-heavy investment banking to focus on the more predictable business of wealth management after heavy losses during the financial crisis.

Only 14 U.S. debt funds were managed exclusively by women as of September 2017, compared with 47 in 2004.

Chubb creates a cyber risk index, Reegan Rae named managing director for Arnerich Massena’s Wealth Management and Kestra adds True Alpha Wealth Management.

Cambridge has been added to LPL’s list of rival firms where advisors are being offered up to 50 basis points on assets to come on board.

The acquisition of FTJ FundChoice doesn’t yet make Orion a threat to giant Envestnet, say observers, but it will help the firm capitalize on a growing demand for customized accounts at all levels of the industry.

FINRA’s recent alert of the risks that financial data aggregation poses to clients fails to highlight the crucial role the technology plays in protecting them in many other ways.

The quality of retirement investment advice available to investors could well come down to where they live.

Most clients expect to see all their financial data in one place, but some aggregation techniques—like “screen scraping” or requiring usernames and passwords for access to accounts—put them at risk. As an industry we need to lead with standards...