SEC says the former broker and RIA rep ruined several clients – including military officers and a retired civil servant – as he falsely claimed a winning trading history in trading and promised high fixed returns.
$1.8 trillion asset manager SEI completed the first stage in its planned takeover, with company executive Michael Lane highlighting its belief in "the sustainability of the revenues related to financial advice."
Coming from US Bank, Eric Freedman takes charge of Northern Trust’s private client investment engine as his predecessor in the C-suite shifts into a key Northeast role.
As the largest wealth transfer in history reshapes financial services, advisors have a unique opportunity to build trust with clients across generations.
Garrett Taylor of Coastline Wealth Management explains why exit strategies fail when advisors focus only on valuations and deal mechanics, and how operational clarity, service alignment, and a multi-year transition plan can preserve both client trust and the advisor's legacy.
The Parsipanny, New Jersey-based firm's latest minority investment adds more than $500 million in client assets, with more than $25 billion now across its network.
Cetera also extended its 2025 Commonwealth recruitment streak, while Citizens Private Wealth stepped into the retirement planning space with a 401(k)-focused advisory team.
“I’m still skeptical about cryptocurrency and Bitcoin,” said one senior industry executive. “What’s underlying it?”
Veteran dealmaker Jason Ehrlich steps into a newly created role as the Las Vegas-based hybrid RIA leans harder into M&A and strategic partnerships.
Most retirees feel financially steady, but health and relationships drive happiness more than money.
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.
The Treasury secretary maintains the current Federal Reserve leadership strayed from its founding principles due to districts "importing a bright, shiny object."
Switching clients’ mutual funds is well-established industry practice to generate commissions charged to clients.
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.
Alaris Acquisitions CEO Allen Darby cautions of a 2026 slowdown in RIA M&A activity, as sellers find new homes this week at Creative Planning, Wealth Enhancement, Allworth Financial, and Sequoia Financial Group.
The philanthropic pledge to give young Americans an investing headstart raises fresh questions around tax-advantaged saving for RIAs.
The CEO and co-founder's personal stake in the active ETF firm is set to enjoy a ten-figure payday, based on details of the transaction and regulatory filings.
Robert Swagger told clients he was investing their money into a streaming company for faith and family-friendly media projects.
