The deal follows other major announcements, including the purchase of Compass Financial Partners and a majority stake acquisition in Sageview Advisory Group
Dale Kramer opens an indie shop, Kramer Wealth Strategies, in upstate New York
Clients are curious about the recent boom in cryptocurrencies, but volatile performance records are keeping some advisers on the sidelines
Consolidation has been a theme of late in the retirement plan adviser world, and private equity has increasingly poured money into the space, which has helped push valuations to high points, leading to ample selling opportunities for adviser firms
Six-adviser FDR Financial has offices in Boca Raton and Hollywood
The deal also marks the third sizable acquisition over the first two business days of the new year, following Hightower’s purchase of Bel Air Investment Advisors, an $8 billion Los Angeles-based RIA, and SVB Financial Corp.’s acquisition of Boston Private Financial Holdings to create a $17.7 billion wealth management enterprise
The stock and cash deal will create a $17.7 billion wealth management enterprise
Effort would move the fourth-largest U.S. bank a step closer to emulating some of its biggest rivals
Ulrich Investment Consultants in San Antonio will retain control
Four years ago, a financial adviser got a call from a prospect who did not want to disclose any information over the phone. At the in-person meeting, the woman and her husband told the adviser that she had won a $1.2 million jackpot.
Arkansas and Michigan become the latest states to adopt the National Association of Insurance Commissioners model rule
Foursome creates Campbell Johnson McGiboney Wealth Advisors in Franklin, Tennessee
The sanction addressed failures to maintain proper oversight of advisers, which included a Ponzi scheme, according to the regulator
Watterson Financial Planning is the firm's first acquisition in the UK
Aggregator kicks off 2021 with the largest deal in its 12-year history
Ongoing consolidation has been good for some aggregator firms, but others are being left out.
The forthcoming plans present challenges and opportunities, record keepers say
The transition to the incoming Biden administration has only just begun. But U.S. advisers are already looking into the future at the 12-month outlook.
Worden Capital Management displayed lax oversight of brokers' trades, according to Finra
Morgan Stanley’s $1.7 million settlement highlights remedies for excessive fees
