Industry

Here's what you missed this week in wealth management.

An unusual recommendation by the wirehouse’s First Clearing unit drove the big succession deal for XML Financial Group.

The acquisition will solve a father-son enterprise’s succession and help it continue to grow, Carroll Financial CEO Kristopher Carroll said.

Here's what you missed this week in wealth management.

The Miami group is managed by Regional Executive Eric Termini and is part of Alex. Brown’s Atlantic region, which is led by Regional Director Brett Kellam.

Alexandria Capital is led by CEO Augustine Hong and CIO Jonathan Ferguson.

Financial advisor Andre Jean-Pierre dropped his broker-dealer with big plans for his burgeoning group of followers on Twitter and Clubhouse.

State Street agreed to buy Brown Brothers Harriman’s investor-services business for $3.5 billion in cash, adding an operation that safeguards about $5.4 trillion of assets.

Here's what you missed this week in wealth management.

Brokerages that want to hire someone with a checkered past have to undergo a “consultation” with the watchdog and may have to try to renew their memberships.