Industry

Missouri-based UMB Financial says it would acquire 157,000 accounts across more than 3,000 employer groups from Old National Bancorp in Indiana.

The results come from the College for Financial Planning’s first cohort of scholarship winners.

Atlantic Union in Virginia made the most of its four-year foray into the registered investment advisory business, but it decided to take a step back after concluding one of its banking clients would do an even better job and that it could invest the proceeds elsewhere.

The private equity-backed firm and other giants of the industry are deploying their capital across new and existing lines of business.

The wealth manager has leveraged massive resources across its three channels, but it’s not altering its approach to the continuing breakaway movement.

The wealth managers respectively recapitalized as the spigots of capital keep expanding in the industry, even amid signs for concern in the larger economy.

The award from Invest in Others, a nonprofit whose board features prominent financial firms, honors practices with extensive volunteering and charitable giving.

A career path in financial services doesn't have to be linear, says Walmart's Julia Unger.

The second annual award will identify and celebrate young RIA professionals and career changers who are advancing the profession.

The benchmarking product can compare advisors to peers, but experts say that users should keep their personal goals top of mind.