Advisors are starting to see clients come to them with AI-generated plans and asking their thoughts.

Overall, according to the 2025 study, financial advisors reported "notably higher wellbeing" than the general population.

Hackers took Social Security numbers and other personal information, the lawsuit alleged.

The technology, according to the firm, is designed to streamline research, meeting prep and client-ready proposals.

Changing location and business preferences and individual job performance influence the cuts, which are happening in the U.S. and global offices, one person told the publication.

Research by the giant asset manager identifies key distinctions by generation and account type.

The layoff notice follows several hundred job cuts announced in New Jersey and California in 2025.

Clients said the firm committed breach of contract and fiduciary duty in connection with their investments.