GTCR LLC and Reverence Capital Partners agreed to buy Wells Fargo Asset Management for $2.1 billion.

The regulatory agency claimed Scott Wayne Reed failed to get approval from Wells Fargo when soliciting clients to invest in a software company he himself was invested in.

These are the mergers, acquisitions and firm-to-firm moves that occurred the week of February 14, 2021.

The wealth management deals for the week of February 8, 2021.

Paul Pitsironis allegedly stole more than $400,000 from clients to pay casino gambling debts and credit card bills, according to U.S. Attorney's office.

The SEC announced it is monitoring the volatility in the options and equities markets.

There was a divergence in demand for ETFs in 2020 between the classic index-based, low cost beta and more thematic, active strategies, according to a panel at the Women in ETFs conference.

By December, the city’s apartment investors were behind on $395 million in debt backed by mortgage bonds.

UBS finished off the year strongly, with fourth-quarter net income of $1.7 billion that beat analyst estimates.

Wells Fargo's advisor head count was down 6% year over year, while average advisor productivity crossed $1 million.