Also, Prime Capital announces two recruits from Edelman Financial, and Raymond James lands two Commonwealth advisors.

Investors worrying about contagion triggered another bruising sell-off in shares of banks and asset managers, compounding worries about disruption from AI.

Many have asked the question whether AI will make the human investment advisor obsolete? Large language model tech is ...

"This is going to be truly transformative — like completely transformative," Peter Mallouk said about AI. Here's his ...

To support its evolving business model, NatWest lowered its CET1 capital target to ~13% and updated its long-term financial goals. By 2028, the group aims to achieve a cost-to-income ratio below 45% ...

The future of wealth management recruiting isn’t about finding people who look like yesterday’s advisors. It’s about ...