The addition of breakaway Ensign Wealth Partners, a $500 million RIA, pushes Steward's total custodial assets on the Pershing platform to more than $1 billion.
Kemp Cunningham, with $125 million in assets, will operate as Emerald River Wealth Management in Granger.
Ermotti, who previously served as UBS' CEO for nine years, is familiar with UBS and the Swiss financial landscape, qualities seen as critical for the integration.
The agency's examinations found programs weren't tailored to business models and were inadequately funded.
The San Francisco-based Marchetti Porter Wealth Partners jumped ship over the weekend.
Some advisors are happy with the status quo, while others dislike the challenge of finding new clients.
Once approved by the court, it is expected to benefit more than 64,000 people covered by the Coca-Cola retirement plan since February 2015.
New York-based Steven M. Rozencwaig will join the firm’s Manhattan office.
The commissioner characterizes SEC Chair Gensler's agenda as seeking dramatic regulatory change over 'huge swaths of the market,' while his predecessor, Jay Clayton, was more incremental.
Marder succeeds Lori Lucas, who retired at the end of 2022 after joining EBRI as president and CEO.
After last year's Supreme Court decision overturning Roe v. Wade, more companies face votes on reproductive health care.
James Andrus had been at the pension system since 2014 and most recently served as its interim managing investment director for sustainable investing.
Park will lead the company's US retirement plan and record-keeping unit, overseeing all aspects of the business.
Bellevue, Washington-based SC Financial Group was founded in 2008 and has four advisors.
The deal transforms North Carolina-based First Citizens into one of the top 15 U.S. banks, as it buys about $72 billion of SVB's assets at a discount of $16.5 billion.
For financial advisors, artificial intelligence can lead to deeper insights as AI models parse massive data sets, seeking meaningful patterns and signals amid millions of data points.
The Absolute Engagement Engine captures real-time input from prospects and clients as they interact with a wealth management firm.
Companies are also likely to add financial wellness benefits, such as emergency savings funds, over the next few years, according to experts polled by Transamerica.
Focus Financial is going private. There’s a banking crisis. What has the impact been on these companies?
As the Justice Department investigates whether financial professionals helped Russian oligarchs evade sanctions, subpoenas also went to employees of some major US banks.
