The firm reported $4.74 billion in net revenue for the three months through March, topping analysts’ estimates of $4.71 billion.
Fintech hails landmark transaction’s potential to create ‘more efficient, flexible account transfer services’ as key deadline looms.
Industry veteran Jason Del Col joins the $3 billion firm as head of advisory.
'We’re back to more normal, or maybe slightly below normal, attrition levels across the [financial advisor] business, which is good,' says CEO Charles Scharf.
The latest move covers almost 280,000 borrowers in the SAVE, income-driven replacement, and public service loan forgiveness programs.
The suit involved 13 advisors, all of whom joined Empower via its acquisition of Personal Capital, who departed to establish a rival advisory firm.
Dani Fava is joining the firm as its chief strategy officer.
The asset manager has acquired a stake in OpenAI.
Asset manager is reportedly in talks with Castlelake.
'The problem is, when an NAV gets shaved, advisors and investors get pissed off,' one executive says.
The wealth platform dramatically expands its capabilities with deal for a Houston-based firm catering to HNW and UHNW clients.
Experienced leader will lead the $65 billion wealth management unit.
FT reports that the firm's global treasurer is to join Millennium.
Wall Street analysts see opportunity as Chinese economy shows potential.
New survey reveals three-quarters feeling the pinch from higher prices, with economic uncertainty impacting tax refunds and spending plans.
Billed as an industry first, the investing giant’s new thematic lineup targets three sectors and trends that are on next-gen investors’ radar.
'Real-world experience' shows impact of fiduciary standard on Main Street investors, advisor association warns.
Atria's financial advisors might be getting M&A 'whiplash,' one recruiter notes.
The 0.4% rise in March's core consumer price index adds to evidence that progress on taming inflation may be stalling.
Venture capital funding dropped 29% in the US, 40% in China, as slower economies, inflation weigh.
