Ex-Northwestern Mutual reps win $8M in wrongful termination case

Northwestern Mutual's wealth management unit must pay three brokers damages of $8 million over their FINRA arbitration claim alleging wrongful termination and Form U5 defamation. Read more →

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Stepping away from retail advice, Goldman reports record for wealth management

Goldman Sachs' revenue from wealth management fees reached a record high in the first quarter as the Wall Street giant completes its pivot away from retail advisory services.

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Wells Fargo's wealth management profits drop amid tough first quarter

The first three months of 2024 were hard on Wells Fargo — particularly for its wealth management division.

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