Merrill, Wells Fargo to Pay $4.4M Over Commissions
By Melanie WaddellState securities regulators found the firms charged unreasonable commissions on more than 256,000 small-dollar trades.
October 15, 2026
UBS Reorganizes U.S. Wealth BusinessThe firm's field structure will consist of four divisions, including an international department focused on the ultra-wealthy.
October 15, 2026
Trust & Will Forms Fiduciary Trust CompanyThe unit handles administration, distributions, taxes and recordkeeping while advisors keep managing the investments.
October 14, 2026
Cresset Appoints Joe Zidle as Chief Market StrategistPreviously, he held strategy roles at Blackstone Private Wealth, Richard Bernstein Advisors and Merrill.
October 14, 2026
AI Reshapes Family Offices' Investment Strategies: SurveyTrends like the buildout of the technology and rise of private markets are reshaping portfolios, BNY Wealth reports.
October 14, 2026
NARSSA Announces Inaugural Social Security SummitThe event takes place on Nov. 9, the first day of the NAIFA conference in Las Vegas.
October 14, 2026
Ex-Motif CEO Named Head of TD Bank's Wealth BusinessHardeep Walia will lead the next phase of growth across the bank's U.S.-based wealth management arm.
October 14, 2026
Treasury Fines BofA $1.2B Over AML ViolationsThe banking giant faces the third-largest penalty in the department's history.