Tom Bradley was named chief client officer for Schwab's advisor services business.
The bank's shareholders meeting comes as the firm contends with a probe into its anti-money-laundering controls.
The Westlake, Texas-based firm reported $4.74 billion in net revenue for the three months though March.
Few in the advisory industry view the fiduciary proposal as a cure-all.
Shannon McLay decided early in her career that the size of her clients' bank accounts didn't matter.
Altruist Cash allows advisors to offer clients an annual percentage yield of 5.10%, the custodian said.
But only 17% are actively evaluating and expect to make changes in 2025 or 2026.
Hightower says Lars Knudsen was violating his post-sale agreements and creating a hostile work environment.
Telos Investment alleges Hightower breached its contract and poached its clients to inflate its potential sale price.
A decade into her reign, Johnson is reasserting control over the fund giant's London outpost. Heads are rolling.
Paul Shoukry, the firm's chief financial officer, will take the CEO reins from Paul Reilly in fiscal 2025.
Staff turnover has an insidiously harmful effect on advisory firms.
Advisors need to guard against emotional decisions by clients, they said.
The deal, which is expected to close in the first quarter, will create a $31.5 billion AUM RIA.
The leading financial network rolled out new offerings of every stripe to keep advisors coming.
Fidelity had $28.2 billion in revenue in 2023, up 12% from $25.2 billion the prior year.
“We just want to see how they work in the markets,” said Rob Pettman, head of LPL's wealth management solutions.
The firm's 2023 report on U.S. advisors also found headcount at wirehouses and independent B-Ds shrank.
Charles Schwab said it will offer trading in bitcoin ETFs across exchanges.
Advisors can transfer majority or minority ownership stakes in their businesses to the new firm.