Wealth Advisory Services, a hybrid in Doylestown, Pennsylvania, had been affiliated with Raymond James for five years.
The offering aimed at companies with 100 or fewer employees includes a financial wellness component.
The service is designed to encourage retirement savings and discourage workers from cashing out 401(k)s when they change jobs.
The research finds that funds in health savings accounts are being used for current expenses, rather than being invested for costs during retirement.
The Planned Approach, managing $266 million, is joining Buckingham Strategic Wealth, a St. Louis-based RIA in which Focus owns a majority stake.
Alberto Sisso is moving to Raymond James' employee unit in Fort Lauderdale, Florida.
The two firms will use the SPAC, Cartesian Growth Corp., to form Alvarium Tiedemann Holdings.
The plan is aimed at small to midsize businesses that have less than $25 million in retirement plan assets
Leslie Marshall of Morningstar joins to discuss the company's upcoming conference, which is the final large in-person conference still standing. Bruce and Jeff also go through the recent American Century conspiracy theory.
The wealth management chief at BMO Financial will succeed Kathy Murphy, who plans to step down before the end of the year.
