Industry

The nearly $4.5 billion deal is another case of consolidation in the industry, as firms grapple with falling fees and the rising challenge from managers of index-tracking funds.

The former Cetera advisors joined the firm’s employee channel.

“When you mess with everybody’s day-to-day work flows, you have to get everyone involved from the get-go,” said advisor Andrew Altfest.

CEO Sergio Ermotti has struggled to meet key financial targets and he cut his goals again in January, the third time in three years that he’s had to reset ambitions.

A Roth conversion “not only to minimize heirs’ tax burden but also to sustain the growth of [their] retirement savings."

Other global health threats, such as SARS, did not have long-term impact on stocks. COVID-19 might be another matter.

The sweeping retirement legislation, called the Secure Act, is gaining plenty of headlines. One revision is being overlooked.

OneDigital’s acquisition of Resources Investment Advisors shows a convergence between two major spaces within financial services.

Captrust wins a heated battle to expand its North Carolina footprint.

CEO Peter Mallouk wants to create a “reserve” to see the RIA through any economic downturn.