While advisor headcount continues to fall, wealth management revenues were up, and the firm posted some strong growth overall in the second quarter.  

Wells Fargo's wealth unit reported net income of $180 million during the second quarter, down 70% year over year and 61% sequentially, as advisor head count continues to shrink.

With Treasury yields hovering around zero, money managers are looking to securities that have more potential to rally.

This year, J.D. Power measured advisor satisfaction at both the employee and independent firms.

After nearly 18 years at Morgan Stanley, Emily Bowersock Hill bid the wirehouse adieu for the RIA channel.

The pandemic has given banks further impetus to downsize and preserve cash.

The Market Street Group, with about $500 million in client assets, moves over from Morgan Stanley.

If commercial real estate is one of the only distressed opportunities available, investors can’t afford to be too picky.

With a backdrop of a volatile political and macroeconomic environment, Fannie Mae and Freddie Mac remain on a path to exit government support.