Three years after Morgan Stanley and UBS left the Protocol for Broker Recruiting, advisors are wondering if, and when, Merrill Lynch will follow suit.

Panelists participating in the annual WealthManagement.com Technology Forums described the acceleration and adoption they've seen in a year unlike any other.

Wells Fargo's wealth division saw profits jump 157% compared with previous quarter in the throes of the pandemic, while Bank of America's Merrill Lynch and Private Bank units posted profits up 20% over the second quarter of the year.

The wealthtech software provider hired fintech veteran Minerva Tantoco as its first CTO.

Once the coronavirus hit and we all started working from home, Bruce Lee's phone started ringing with questions from captive advisors about independence.

Industry observers said that the delayed launch of the planning tool on BofA's mobile app will likely lead more retail consumers to its investing platform, Merrill Edge.

Bank of America Merrill Lynch has created a new Advisory Division under executive Eric Schimpf.

Merchant Investment Management said it has taken a minority stake in Newport Beach, Calif.-based RIA Corient Capital Partners, which boasts $3.1 billion in AUM.

While some firms slowed growth during the pandemic, RBC's head of recruitment, Kristen Kimmell, landed billions in assets with a net gain in advisors this year that topped rivals.

David Poole is joining Citi, after working at E*Trade and Bank of America Merrill Lynch.