With just two deals under its belt after nearly 40 years in the business, the $16 billion Dallas broker-dealer and RIA is ready to become more active in the M&A space.
More than half of the individuals and families surveyed by BNP Paribas and Aon said they're altering the timetable for stepping away from their companies, with 41% delaying or phasing more slowly into a move.
The pandemic has sparked growth in collaboration tools, but for financial services firms, an enterprise-focused wealth management platform is an equally important part of solving the collaboration puzzle.
Three registered representatives who collectively manage $345 million have joined Linsco, LPL Financial’s employee adviser unit.
There will likely be at least 70 deals for retirement adviser firms before the end of the year, according to Wise Rhino Group.
Merchant Investment Management has purchased a stake in Brainvest Wealth Management for international exposure.
Wescott Financial Advisory Group will swell to $3.5 billion under management with the addition of Asset Planning Services, which specializes in working with execs from Merck & Co.
With rates well below historical norms, finding income remains a key challenge for advisors. Here’s why non-commissioned annuities may be the solution.
Hub is acquiring assets from Libertyville, Illinois-based Benefit Partners Group and Gold Sky Benefits.
Just three of the 14 companies surveyed — BlackRock Inc., Capital Group Inc. and J.P. Morgan & Co. — received top marks in the 20th percentile, according to the research.
Law firms representing the plaintiffs cite fiduciary failures in moving to in-house funds and high fees for record keeping and managed accounts.
Up until recently, major global firms had happily ignored independent advisers for decades.
Factors driving the expansion in fee-only advisers include clients' and prospects' interest in having an adviser who's a fiduciary and advisers' interest in having a simpler story to tell clients.
Seattle-based Laird Norton Wealth Management is working with Calvert and Parametric to design to equity strategies that emphasize social issues.
Record highs for B-Ds in profits, revenues and assets give the industry much to be cheery about.
The tally is one more sign that there's increasingly little room in retail brokerage for small or midsize firms.
Partisan differences will hamstring legislation, as Democrats stress investor protection and Republicans focus on protecting innovation.
The acquisition marks the third deal for ComplySci in the fourth quarter, in the wake of a strategic investment from K1 Investment Management, a private-equity firm focused on enterprise software companies.
The SEC chairman's comments were the strongest signal to date that he'll push for much tougher rules for special purpose acquisition companies.
A duo from LPL and two Wells Fargo reps are affiliating with the firm’s independent unit.
