The deal will give State Street greater global reach and increase its mountain of assets under custody in a business where scale is vital.

In addition to its Arlington headquarters, Alexandria Capital has offices in New York, Boston, Oregon and Alaska. Hightower's investment will offer middle-and-back office to boost organic growth.

The results in the 2021 Investment Adviser Association survey come several months after the SEC’s new ad rule.

Banking executives aren’t giving up on the idea of a widespread return to the office.

Big banks have put up billions to support racial equity, but inside their offices, progress is slow.

The TAMP is acquiring longtime onboarding tech provider Forward Financial Technology.

Due to concerns around the spike in COVID-19 cases, Inside ETFs and WealthStack, slated to be held later this month in Hollywood, Fla., will be postponed to 2022.

The company, which has the most employees of any U.S. bank, will now begin bringing back staffers who have been working remotely starting Oct. 18, rather than Oct. 4.

UBS CEO Ralph Hamers is rolling out a permanent hybrid working model for the firm globally, allowing at least two thirds of its employees to mix work from home and the office. 

The St. Petersburg-based firm has told workers they don’t have to return to the office until Oct. 11.