Two companies, a major New York City-based bank and a smaller California wealth management firm, have promised to create more ...

Many of the jobs gains were with asset-management firms. For example, Merrill Lynch, the famed “thundering herd” division of Bank of America, expanded by 439, or 3 percent, to 17,533 in the ...

Latest research from WMIQ and Pershing highlights how financial advisory firms are building teams to meet their own expectations for growth in 2023, despite the economic and market head winds.

JPMorgan Chase & Co. is dismissing hundreds of workers in its asset and wealth-management division after a periodic review of staffing, according to a person briefed on the matter.

Amid an industry shortage of talent, firm leaders shouldn’t ignore potential future advisors working just down the hall.

Browse Investopedia’s expert-written library to learn more about private banking, establishing a family office and other ways to get the job done.

A third of wealth management organisations recently surveyed say they expect to hire more employees this year, while two-fifths expect to keep main staff at current levels, according to research from ...

Morgan Stanley will reportedly slash several hundred bankers in its wealth management division in a cost-saving measure implemented by the Wall Street firm’s new CEO Ted Pick.

Finance graduates earn higher starting salaries than average college graduates across all majors. A finance degree could open doors to roles such as wealth manager, investment banker and financial ...