Morgan Stanley also recently removed language about DEI from its annual report, while Bank of America removed reference to diversity from its hiring objectives and stopped requiring hiring managers to ...

The firm has named Anand Subramanian and Ken Novak to leadership roles as it seeks to bolster its private market offerings for high-net-worth clients. Raymond James announced that it has added two ...

Amy Fox claims that she was fired a month after returning from maternity leave because she had asserted allegations of pregnancy-related discrimination by her supervisor. Wealth Enhancement Group is ...

An ex–J.P. Morgan private client banker can clear his record of Form U5 language he claims is defamatory and misleading. Julio Alberto Romero was discharged by JPMorgan Chase in November 2013, after ...

Ameriprise earlier this month brought a complaint against LPL and an advisor team that left Ameriprise for LPL. Ameriprise Financial 's bid for a temporary restraining order against LPL Financial and ...

Meanwhile, the latest report said that Wells' U.S. workforce was 54% female and 48% racially/ethnically diverse. It was 55% female and 47% racially/ethnically diverse at the end of 2023, according to ...

SmartAsset estimates that the average 55-year-old client, assuming a 1% asset-based fee, would over their remaining lifetime yield advisory fees to the tune of between roughly $150,000 — for those ...

Uyeda was named acting SEC chairman on Jan. 20 while former commissioner Paul Atkins — Trump's official nominee for the role — awaits Senate confirmation. On Monday, Uyeda pledged to return the SEC to ...

Meanwhile, consumer outlook across all groups, despite being still roughly neutral, "is in slow decline," falling in February for a third month in a row to 99.8 points, with 100 being neutral, down ...

The platform, Alts Connect, is powered by Subscribe, a financial technology company that describes itself as an alternative investments operating system. Alts Connect aims to streamline the ...

Under Acting Head Mark Uyeda, at the helm of the commission only since President Donald Trump 's inauguration last month, the SEC has already agreed to drop its 2023 suit against Coinbase, the largest ...