Industry

The firm is consolidating its broker-dealer and standalone RIA custody units into one division.

The switch comes as the wirehouse revamps its technology platform with help from Broadridge Financial.

The company is turning to what it sees as a talent pool with proven success rates.

These firms oversee more than $185 billion in combined assets.

This year’s list of the 150 largest firms represents an industry that will emerge from a post-COVID world deeply altered.

The combined company would become a $2 trillion RIA custodian.

The same words keep popping up in company titles. Here’s why that may be problematic.

Unlike many digital advisors, Retirable is not offering investment management or targeting millennials.

The firm is maintaining control but dropping its FINRA registration as the sector’s rising expenses and lower margins fuel consolidation.

The new recruits came at the expense of Merrill Lynch, UBS and Wells Fargo.