NFP's latest acquisition helps solidify its expanding asset-based business
How these experienced advisors handled unfavourable economic conditions
CEO Ken Rae sells his stake but stays on as key leader
Multiple shifts occurred across various market segments
Spike in market volatility likely to hurt fee revenues, investor confidence
Global wealth management revenue dropped 12.5%
Across all segments of the industry, advisor and management shifts are taking place
The rating agency cited "persistently high debt levels"
Revenues were generally strong but earnings differed based on loan-loss reserves, Fitch said
The bank's wealth management arm earned $169 million in the quarter, up 3% from a year ago