Staffing

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JPMorgan Is Growing In Florida And Texas, States That ‘Like Business,' Dimon Says

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The CEO said the company has more employees in Texas than in New York state.

Citigroup Cuts Hundreds Of Jobs, Including In Investment Banking And Mortgage Units

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The move comes just weeks after rival JPMorgan Chase & Co. cut hundreds of mortgage employees.

FSI Using 'All Tools' To Persuade DOL To Withdraw Independent Contractor Proposal

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The proposal could result in as many as a few hundred thousand dually registered advisors being reclassified to employees.

Where Hiring Women Advisors Is More Than Talk

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Some advisory firms are taking concrete actions to elevate women in the profession.

The Biggest Earners May Not Be The Smartest Workers, Study Says

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Earners in the top 1% score slightly worse than those in the income tier directly below them, researchers said.

Bank Of America Plans Job Cuts In Its Investment Bank

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The number of reductions could affect less than 200 bankers globally.

Fidelity To Hire 4,000 For New Roles, Bucking Industry's Firings

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Other big investment companies have been trimming headcount amid economic uncertainty.

Half Of US Job Switchers Beat Inflation With Wage Bump In 2022

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Want to get ahead of inflation? First, quit your job.

Worker Burnout Is Even Worse Than At The Peak Of The Pandemic

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Economic uncertainty, fear of job cuts and rising pressure to return to in-office work have added to workplace malaise.

NAPFA Names Nonprofit Specialist As New CEO

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Kathryn Dattomo was previously chief development officer at the American Association of Neurological Surgeons.

Credit Suisse Ordered To Pay Former Broker $1.3M For 2015 Termination

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A Finra panel found that brokers were wrongly forced to "resign" when the firm shuttered its advisory business in 2015.

The Robots Coming For Our Jobs Will Also Help Fire Us

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AI has infiltrated decision-making on hiring, training and evaluations. Now it's creeping into the layoff process as well.

Northwestern Mutual Opens 4 New California Offices

by FA Staff

The company said the expansion will increase the company's presence in California and Nevada.

Savant Brings In M&A Head From Mather Group To Accelerate Growth

by FA Staff

The Rockford, Ill.-based RIA intends to grow its business three to five times over the next five years.

Sanctuary Wealth Replaces Jim Dickson As CEO With Adam Malamed

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The move was described as part of Sanctuary's plan to embark “on the next stage of growth."

$107M AUM Advisor Team Joins Boulder, Colo., Raymond James Affiliate

by FA Staff

The duo of Jens Fonnesbeck and Christopher Doll join First Investments & Planning from U.S. Bancorp.

Goldman's Solomon Joins CEOs Taking Pay Cuts After Laying Off Thousands

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Executive compensation packages are in focus as top Silicon Valley and Wall Street CEOs slash jobs.

Time Is Money To Financial Advisors, Consultant Says

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Altruist's Jason Wenk asks advisors if they are making the best use of their time.

Ranks Of Quiet Quitters Climb As Layoffs Mount

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Surveys from Gallup and a human-resources association capture a hybrid workplace with growing confusion and distrust.

Dimon Says Remote Work 'Doesn't Work' For Younger Staff, Management

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The JPMorgan CEO also said remote work can “help women” with their caregiving duties.

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