Three advisers who operate as West End Advisory in St. Louis make the move.
A Fidelity survey shows sponsors also want lower fees, more retirement expertise and a better investment lineup.
Miami-based Green Grove Wealth Management is affiliating with Insigneo.
Former Voya, Nuveen exec Mike De Feo will head the company’s new business line.
The pandemic has created concerns about retirement security among millennials and Gen Xers.
Two of the advisers came from VCB Financial Group and one joined from Merrill Lynch.
The $3 billion Baltimore-area firm says it will use the funds to invest in its platform, expand its team and develop a national footprint through M&A.
Dollar giving was up 13% in fiscal 2021, while the number of grants rose 24%.
Four reps from Merrill Lynch join Janney, along with six advisers in two groups from Wells Fargo.
The capital to purchase the $4.4B Los Angeles-based RIA came from private equity firm Leonard Green & Partners.
