The independent broker-dealer and RIA giant says it has doubled revenue in five years as it leans on advisor recruiting, acquisitions, and agentic AI.
Marking its first new target-date addition in two decades, Vanguard’s new CITs offer 401(k) participants another option in the growing market of in-plan annuities.
Mega-RIA Creative Planning and Chicago-based Waverly have also gained additional scale with hefty acquisitions.
The biggest team move to Wells Fargo Advisors this year highlights its efforts to court large ensembles, as well as UBS's continuing issues with advisor retention.
The family office planning trio, formerly with Bernstein Private Wealth Management, marks the latest step in Cresset's ongoing efforts to build a 100-plus year firm.
The philanthropic pledge to give young Americans an investing headstart raises fresh questions around tax-advantaged saving for RIAs.
Sequoia Financial has also snapped up a $406 million indie RIA in California, while Allworth returns to the deal table with its own $460 million upmarket acquisition.
With nearly $90 billion in client assets, the Palo Alto-based fintech is eyeing an addressable market of digital natives projected to reach $140 trillion by 2045.
The move to give Mary Callahan Erdoes a board seat comes amid accusations that the Wall Street giant enabled the deceased financier's sex trafficking operation.
The bipartisan measure, co-authored in the Senate by Elizabeth Warren and approved by President Donald Trump, clears numerous hurdles that held taxpayers back from challenging the tax agency.
