Industry

The industry group wants the federal regulator to do more to take into account how proposed regulations are likely to affect the majority of wealth managers.

The appointment comes as the storied Wall Street dealmaker seeks to build its ultrahigh net worth business while providing support services to independent advisors.

The Wall Street giant's biggest restructuring comes as prepares to welcome Andy Sieg to oversee its ambitions with high net worth clients.

Arax Partners, a firm led by a former Aex. Brown executive, makes its publicized acquisition of a wealth management company.

The SEC accused the firm of raising a sixth round of funding even though red flags were popping up left and right.

Lead generation and client matchmaking service SmartAsset excluded any firms that made M&A deals in the past three years to create its ranking.

State regulators discovered fewer deficiencies with investment advisors but some say they could be doing more to protect vulnerable clients.

Experts dish on the do's and don'ts of acquisition at the second annual Future Proof conference

With market uncertainty still in the air, annuities continue to break sales records. Advisors say they work for some clients, but not all.

The deal represents the second major purchase by Genstar Capital-backed Cetera in 2023.