As large broker-dealers look to play in the red-hot mergers and acquisitions market for RIAs, Advisor Group is investing along with its owner, Reverence Capital, in RIA Signature Estate & Investment Advisors.
Hightower facilitated the merger for Cleveland, Ohio-based Fairport, which is a Hightower advisory business.
Pending investigation, Massachusetts adviser Filippo Mastrocola can’t use CFP certification mark.
Criminal and civil fraud charges were filed against Anthony Mastroianni Jr., who sold fake promissory notes to older investors.
The number and total dollar amount of charitable gifts increased 10% last year, and the average gift size also spiked.
Private equity investors have flooded the wealth management industry; now, it's a hedge fund's turn.
Firms are constrained by legacy technology stacks, and it's not easy for them to pivot and deliver the connected digital wealth experience their advisers want.
TFB Advisors spins off from Tax Favored Benefits as a new hybrid RIA, staffed by six advisers who had worked for years at Ameritas.
Regulator says rep defrauded clients by saying variable annuities were commission free.
The association's board will engage an interim CEO while it searches for a permanent successor.
Decades after coining the term 'exchange-traded fund,' the firm plans to offer four socially conscious funds under the Calvert label.
The deal is the firm's third-biggest transaction to date, and CEO Peter Mallouk says M&A activity is ramping up because most RIAs aren't growing organically.
SEC, CFTC worried that messages were being completely lost and would ultimately make it harder to look for wrongdoing.
The firm, which currently has 85 teams, is focusing on growth in places that have seen influx of wealthy residents in recent years, such as Charlotte, North Carolina, and Austin, Texas.
The number of IRAs on Fidelity’s platform increased in Q2 and the percentage of employees with 401(k) loans remained low for the fifth consecutive quarter.
The S&P 500 was down almost 21% over the first six months of the year, but financial advisers at big firms didn't crash and burn.
Women asset managers and corporate leaders assess risk and opportunity over a longer time frame, justifying new methods of measuring their results.
Whether you oversee a large enterprise or you’re a one-person shop, the more completely you can replace yourself prior to the start of negotiations, the better terms you’ll receive.
Strategic Financial Solutions has seven advisers and is based in Cedar Rapids, Iowa.
In 2019, Boston College estimated there was a $7.1 trillion retirement savings shortfall among American households. That number likely hasn’t changed much since then and the situation is getting worse.
