A Democratic Senator slammed President Donald Trump 's decision to grant wide access to Treasury Department data to tech tycoon Elon Musk and his Department of Government Efficiency team, saying the ...

Speaking in a Wall Street Journal interview Monday, Chief Executive Officer Salim Ramji listed technological innovation, along with Monday's historic fund fee cuts, as two recipients of the proceeds ...

Wells Fargo is moving closer to getting unshackled from the $1.95 trillion asset cap imposed on the bank following the 2016 fake-accounts scandal, recent reports suggest, and the fresh termination of ...

A U.S. Senate committee will look into claims that traditional lenders have refused service to certain political groups and types of customers in what's being termed "debanking," according to Reuters.

In UBS' 2025 advisor compensation plan, revealed in November, the wirehouse added and enhanced incentives for advisors who grow their business and who connect clients with banking capabilities, but it ...

The reassigned staffers include one of the unit's top lawyers, who was moved out of enforcement entirely in what some of the sources describe as an "unfair demotion," the Times wrote.

Independent financial advisors may soon be able to retain and reinvest a greater percentage of their practice's revenue. A coalition of broker-dealers and industry trade groups has asked Congress to ...

Another proposal under consideration would make changes to the capital gains tax, in case of an estate tax repeal, such as the elimination or modification of the step-up approach, in which inherited ...

The Americas wealth unit posted $2.9 billion in total revenues in the fourth quarter, a 14% increase year-over-year, and its profit before tax in the fourth quarter of 2024 was $214 million, up $129 ...

UBS strategists, led by Solita Marcelli, the chief investment officer Americas for UBS Global Wealth Management, recommended that advisors and investors diversify with high-grade bonds while using ...

Fidelity Brokerage Services is facing an arbitration claim alleging that the firm failed to protect investors from an investment advisor's high-risk, loss-generating trading despite numerous red flags ...

In the first half of 2025, LPL plans to pilot "an enhanced selling experience" for advisors looking to buy alts on their clients' behalf, Steinmeier said. This capability will be "fully digitized with ...