Kathleen McQuiggan has a long-term goal of ensuring that 30% of financial planners are women.
Custodians report cash is at record-low levels.
Small RIAs see only the upside of joining the agreement, which allows them to recruit without fear of litigation
More smaller transactions brought the average size deal down to $881 million from just over $1 billion in 2016.
Clients will be able to choose robo or human advice, as well as some options in between.
The platform is designed for advisers who want to have a hand in portfolio construction, but are also concentrating on other areas of the financial planning process.
Private equity backing could fuel acquisitions by the large RIA.
The deal brings together two fund families and financial advisory businesses.
Theories abound, but little agreement on why it's so difficult to get more females into the adviser workforce.
