Retail Channel Market Share Nears Parity With Institutional: Cerulli
By Michael S. FischerWirehouses are managing $6.1 trillion in retail assets while independent RIAs manage $3.5 trillion, research finds.
January 13, 2026
Citi to Cut About 1,000 Jobs This WeekThe bank is culling its ranks as part of a plan announced two years ago to eliminate 20,000 jobs.
January 13, 2026
BlackRock Cuts Hundreds of Jobs, Trimming About 1% of StaffThe layoffs come as CEO Larry Fink reworks the world’s largest asset manager and pushes deeper into alternative investments.
January 13, 2026
UBS CEO Ermotti to Step Down in April 2027: Financial TimesWealth management co-heads Iqbal Khan and Robert Karofsky are among the executives who could succeed him.
January 13, 2026
Creative Planning Scoops Up Swiss Wealth FirmThe deal is the mega-RIA's first international acquisition.
January 12, 2026
This Type of SALT Cap Workaround Is Not OK, Appeals Court ConfirmsCourts have upheld the IRS' position prohibiting charitable contribution-for-credit programs designed to offset cap effects.
January 12, 2026
To Navigate Volatility, Find the Signal in the NoisePortfolios benefit by sticking to fundamentals while responding to risk, according to Alexandra Wilson-Elizondo of Goldman Sachs.
January 12, 2026
Transamerica to Put Mike Brodeur in Charge of 92,000-Agent NetworkThe longtime executive will help lead the company's effort to make the middle market hot again.