Cerity Partners, a Chicago-based registered investment advisory firm managing $27 billion, has acquired Algonquin Advisors, a Greenwich, Connecticut-based RIA managing $232 million, and Worldview Wealth Advisors, a San Francisco firm managing $140 million.
Algonquin Advisors, founded in 1998, is led by founder George Hubbard and CEO John Hyman. The firm’s seven professionals also are joining Cerity.
Worldview Wealth Advisors, founded in 2005 by Andrew Fisher, has five team members who will join Cerity.
FINRA's proposed rule filing would create a new 10-day fraud delay and nearly triple the maximum hold period for exploited senior investors
Fueled by a recent shot in the arm from private equity firm Carlyle, MAI adds a $490 million Atlanta RIA as it keeps building out its national footprint.
“Todd Burkhalter organized what is likely the largest Ponzi scheme in Georgia history,” said one FBI official.
With experience from Goldman Sachs and TD Ameritrade, the RIA's newest SVP hire adds to a recent wave of executive departures from hybrid Osaic.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
