Ameriprise reported record client assets and wrap-account inflows, as well as improved advisor productivity, despite changes to 12b-1 fees in response to the DOL rule.
Lorena Tassinari, a former Mexican soap opera star, has been rebuffed at every attempt to claim some of her late husband's estate.
The asset manager said Tim Buckley would become CEO in 2018, replacing Bill McNabb. Here are his answers to a few questions.
Financial disclosure forms from Randal Quarles and Joseph Otting show both men generated substantial wealth from the industry they will now be tasked with regulating.