Citigroup Inc., whose U.S. wealth-management business oversees about $181 billion in client assets, created a new business to sell products through independent advisers as Chief Executive Officer Jane Fraser maps a path to managing more money for wealthy individuals. “With ...

InvestCloud Inc., a financial-technology provider whose backers include JPMorgan Chase & Co., is in the early stages of considering an IPO, amid strong investor demand for asset-management software providers, according to people familiar with the matter.  The company is talking ...