Industry

BlackRock is joining firms including Paulson, Manikay Partners and Arrowgrass Capital Partners that have recently raised dedicated merger funds.

The boutique firm focuses on ultrahigh-net-worth entrepreneurs worldwide.

Alexander Assaf will oversee financial advisers and their teams for the credit union's Addison Avenue Investment Services division throughout Idaho, Oregon and Washington.

The recruit also previously worked for Morgan Stanley, Merrill Lynch and RBC.

See which independent broker-dealers are managing the biggest asset base for client accounts.

Plus, Wells Fargo hires a $700M team from J.P. Morgan Private Bank and helps a $587M Morgan Stanley team go independent.

After a stormy tenure at the bank, the former Colony and Banyan head goes back to the acquisitions arena.

The firm named Douglas Rubenstein as its new chief operating officer.

Should advisers opt for better platform options or losing back-office and administrative tasks?

Should advisers opt for better platform options or losing back-office and administrative tasks?